Population: 5,912 · Density: 20.8/mi² · Median household income: $64,231
Typical home value: $207,038 · Homeownership: 79.6%
Data as of January 2026. Source: Realtor.com.
The MELROSE, MN real estate market (56352) currently shows 6 active listings, with 1 pending sales. Homes are averaging 71 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 71 days on market compared to 77 days last year.
The median listing price has fallen 36.2% year-over-year, from $274,325 to $175,000.
Whether you are buying or selling in MELROSE, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56352 | Melrose, MN 56352 | 0.0 mi | 6 | $1,502,040 | $175,000 | $250,340 |
| 56331 | Freeport, MN 56331 | 6.4 mi | 5 | $1,707,250 | $324,900 | $341,450 |
| 56307 | Albany, MN 56307 | 10.4 mi | 10 | $3,780,710 | $299,900 | $378,071 |
| 56376 | Saint Martin, MN 56376 | 12.1 mi | 2 | $679,600 | $339,800 | $339,800 |
| 56318 | Burtrum, MN 56318 | 15.3 mi | 2 | $1,070,000 | $535,000 | $535,000 |
| 56362 | Paynesville, MN 56362 | 17.5 mi | 18 | $6,475,284 | $279,950 | $359,738 |
| 56368 | Richmond, MN 56368 | 18.7 mi | 10 | $4,535,430 | $419,900 | $453,543 |
| 56385 | Villard, MN 56385 | 19.9 mi | 3 | $403,350 | $134,450 | $134,450 |
| 56314 | Bowlus, MN 56314 | 20.9 mi | 1 | $724,900 | $724,900 | $724,900 |
| 56347 | Long Prairie, MN 56347 | 22.2 mi | 17 | $5,150,643 | $279,900 | $302,979 |
| 56320 | Cold Spring, MN 56320 | 22.7 mi | 26 | $12,779,260 | $429,900 | $491,510 |
| 56328 | Flensburg, MN 56328 | 24.8 mi | 1 | $235,000 | $235,000 | $235,000 |
| 56369 | Rockville, MN 56369 | 25.8 mi | 1 | $419,900 | $419,900 | $419,900 |
As of January 2026, there are 6 active listings in MELROSE, MN (zip code 56352), compared to 13 the prior year.
The median listing price in MELROSE, MN 56352 is $175,000 as of January 2026, a 36.2% decrease from $274,325 the prior year.
Homes in MELROSE, MN 56352 spend an average of 71 days on the market before going under contract, compared to 77 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MELROSE, MN 56352 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 71 days on market compared to 77 days last year.
With SELL123.com's maximum 3% commission, sellers in MELROSE, MN 56352 save an estimated $3,500 compared to a typical 5% commission on the median listing price of $175,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.