Active Listings
18
⇩ 5.3% vs 19 last year
Population: 5,659 · Density: 14.6/mi² · Median household income: $78,033
Typical home value: $238,600 · Homeownership: 83.3%
Data as of January 2026. Source: Realtor.com.
The PAYNESVILLE, MN real estate market (56362) currently shows 18 active listings, with 6 pending sales. Homes are averaging 61 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 61 days on market compared to 86 days last year.
The median listing price has risen 1.5% year-over-year, from $275,725 to $279,950.
Whether you are buying or selling in PAYNESVILLE, 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 $ |
|---|---|---|---|---|---|---|
| 56362 | Paynesville, MN 56362 | 0.0 mi | 18 | $6,475,284 | $279,950 | $359,738 |
| 56368 | Richmond, MN 56368 | 9.1 mi | 10 | $4,535,430 | $419,900 | $453,543 |
| 56312 | Belgrade, MN 56312 | 12.2 mi | 2 | $1,288,000 | $644,000 | $644,000 |
| 56320 | Cold Spring, MN 56320 | 15.0 mi | 26 | $12,779,260 | $429,900 | $491,510 |
| 55389 | Watkins, MN 55389 | 15.3 mi | 8 | $3,747,864 | $416,000 | $468,483 |
| 56243 | Grove City, MN 56243 | 16.4 mi | 3 | $439,224 | $146,408 | $146,408 |
| 56352 | Melrose, MN 56352 | 17.5 mi | 6 | $1,502,040 | $175,000 | $250,340 |
| 56331 | Freeport, MN 56331 | 19.0 mi | 5 | $1,707,250 | $324,900 | $341,450 |
| 55353 | Kimball, MN 55353 | 20.3 mi | 9 | $3,487,050 | $319,500 | $387,450 |
| 56251 | Kandiyohi, MN 56251 | 20.8 mi | 1 | $269,900 | $269,900 | $269,900 |
| 56374 | Saint Joseph, MN 56374 | 22.8 mi | 32 | $11,830,784 | $324,900 | $369,712 |
| 56301 | Saint Cloud, MN 56301 | 23.6 mi | 84 | $33,184,704 | $334,900 | $395,056 |
| 56289 | Sunburg, MN 56289 | 25.2 mi | 0 | $0 | $300,000 | $300,000 |
As of January 2026, there are 18 active listings in PAYNESVILLE, MN (zip code 56362), compared to 19 the prior year.
The median listing price in PAYNESVILLE, MN 56362 is $279,950 as of January 2026, a 1.5% increase from $275,725 the prior year.
Homes in PAYNESVILLE, MN 56362 spend an average of 61 days on the market before going under contract, compared to 86 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PAYNESVILLE, MN 56362 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 61 days on market compared to 86 days last year.
With SELL123.com's maximum 3% commission, sellers in PAYNESVILLE, MN 56362 save an estimated $5,599 compared to a typical 5% commission on the median listing price of $279,950. 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.