Active Listings
22
⇩ 8.3% vs 24 last year
Data as of March 2026. Source: Realtor.com.
The PAYNESVILLE, MN real estate market (56362) currently shows 22 active listings, with 6 pending sales. Homes are averaging 29 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 29 days on market compared to 28 days last year.
The median listing price has fallen 3.8% year-over-year, from $296,400 to $285,225.
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.
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 March 2026, there are 22 active listings in PAYNESVILLE, MN (zip code 56362), compared to 24 the prior year.
The median listing price in PAYNESVILLE, MN 56362 is $285,225 as of March 2026, a 3.8% decrease from $296,400 the prior year.
Homes in PAYNESVILLE, MN 56362 spend an average of 29 days on the market before going under contract, compared to 28 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PAYNESVILLE, MN 56362 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 29 days on market compared to 28 days last year.
With SELL123.com's maximum 3% commission, sellers in PAYNESVILLE, MN 56362 save an estimated $5,705 compared to a typical 5% commission on the median listing price of $285,225. 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.