Data as of September 2026. Source: Realtor.com.
The PAYNESVILLE, MN real estate market (56362) currently shows 37 active listings, with 9 pending sales. Homes are averaging 84 days on the market before going under contract.
Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 84 days on market compared to 73 days last year.
The median listing price has risen 16.2% year-over-year, from $292,675 to $339,950.
Population: 5,659 · Density: 14.6/mi² · Median household income: $78,033
Typical home value: $238,600 · Homeownership: 83.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56362 | Paynesville, MN 56362 | 0.0 mi | 16 | $5,523,920 | $279,950 | $345,245 |
| 56368 | Richmond, MN 56368 | 9.1 mi | 9 | $3,832,083 | $412,475 | $425,787 |
| 56312 | Belgrade, MN 56312 | 12.2 mi | 1 | $629,000 | $629,000 | $629,000 |
| 56320 | Cold Spring, MN 56320 | 15.0 mi | 26 | $13,102,908 | $438,925 | $503,958 |
| 56325 | Elrosa, MN 56325 | 15.7 mi | 1 | $598,000 | $598,000 | $598,000 |
| 56243 | Grove City, MN 56243 | 16.4 mi | 2 | $292,816 | $146,408 | $146,408 |
| 56352 | Melrose, MN 56352 | 17.5 mi | 7 | $2,134,153 | $279,900 | $304,879 |
| 56331 | Freeport, MN 56331 | 19.0 mi | 5 | $1,819,750 | $332,400 | $363,950 |
| 55353 | Kimball, MN 55353 | 20.3 mi | 10 | $4,097,290 | $339,950 | $409,729 |
| 56251 | Kandiyohi, MN 56251 | 20.8 mi | 1 | $164,000 | $164,000 | $164,000 |
| 56374 | Saint Joseph, MN 56374 | 22.8 mi | 32 | $12,217,600 | $313,750 | $381,800 |
| 56301 | Saint Cloud, MN 56301 | 23.6 mi | 89 | $38,026,140 | $329,950 | $427,260 |
| 56289 | Sunburg, MN 56289 | 25.2 mi | 1 | $1,050,000 | $1,050,000 | $1,050,000 |
As of September 2026, there are 37 active listings in PAYNESVILLE, MN (zip code 56362), compared to 15 the prior year.
The median listing price in PAYNESVILLE, MN 56362 is $339,950 as of September 2026, a 16.2% increase from $292,675 the prior year.
Homes in PAYNESVILLE, MN 56362 spend an average of 84 days on the market before going under contract, compared to 73 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PAYNESVILLE, MN 56362 is currently a Buyer's Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 84 days on market compared to 73 days last year.
With SELL123.com's maximum 3% commission, sellers in PAYNESVILLE, MN 56362 save an estimated $6,799 compared to a typical 5% commission on the median listing price of $339,950. 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.