Data as of April 2026. Source: Realtor.com.
The PAYNESVILLE, MN real estate market (56362) currently shows 26 active listings, with 13 pending sales. Homes are averaging 44 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 44 days on market compared to 35 days last year.
The median listing price has fallen 4% year-over-year, from $292,900 to $281,225.
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 April 2026, there are 26 active listings in PAYNESVILLE, MN (zip code 56362), compared to 26 the prior year.
The median listing price in PAYNESVILLE, MN 56362 is $281,225 as of April 2026, a 4% decrease from $292,900 the prior year.
Homes in PAYNESVILLE, MN 56362 spend an average of 44 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of April 2026, PAYNESVILLE, MN 56362 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 44 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in PAYNESVILLE, MN 56362 save an estimated $5,625 compared to a typical 5% commission on the median listing price of $281,225. 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.