Call or Text (240) SELL-123

PEASE, MN 56363

Real Estate Market Report  ·  Mille Lacs County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
5
⇧ 150% vs 2 last year
Pending
2
40% pending ratio
Median Price
$349,900
⇧ 16.7% vs $299,900 last year
Average Price
$341,600
⇧ 13.9% vs $299,900 last year
Days on Market
81
⇧ 84.1% vs 44 days last year

Market Context

Population: 247  ·  Density: 85.8/mi²  ·  Median household income: $60,208

Typical home value: $142,572  ·  Homeownership: 79.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PEASE, MN real estate market (56363) currently shows 5 active listings, with 2 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 81 days on market compared to 44 days last year.

The median listing price has risen 16.7% year-over-year, from $299,900 to $349,900.

Whether you are buying or selling in PEASE, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PEASE, MN 56363 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 2 last year
  • Days on market: 81 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $349,900 (+16.7% YoY)
  • Average: $341,600 (+13.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.1 miles — 261 listings ($117,085,564 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56363Pease, MN 563630.0 mi5$1,708,000$349,900$341,600
56353Milaca, MN 563537.1 mi23$9,050,638$325,000$393,506
55017Dalbo, MN 5501710.9 mi2$1,139,900$569,950$569,950
56358Ogilvie, MN 5635814.0 mi8$2,708,232$380,000$338,529
55308Becker, MN 5530820.4 mi23$8,838,394$379,000$384,278
55319Clear Lake, MN 5531920.9 mi39$17,191,746$363,900$440,814
55080Stanchfield, MN 5508021.1 mi1$460,000$460,000$460,000
55309Big Lake, MN 5530922.4 mi48$22,186,896$414,900$462,227
55051Mora, MN 5505122.8 mi18$6,533,334$364,000$362,963
56338Hillman, MN 5633824.0 mi1$749,900$749,900$749,900
56367Rice, MN 5636725.3 mi21$9,815,988$285,900$467,428
56359Onamia, MN 5635927.2 mi16$7,737,488$317,500$483,593
56377Sartell, MN 5637728.1 mi56$28,965,048$449,900$517,233

Frequently Asked Questions

How many homes are for sale in PEASE, MN 56363?

As of January 2026, there are 5 active listings in PEASE, MN (zip code 56363), compared to 2 the prior year.

What is the median home price in PEASE, MN 56363?

The median listing price in PEASE, MN 56363 is $349,900 as of January 2026, a 16.7% increase from $299,900 the prior year.

How long do homes stay on the market in PEASE, MN?

Homes in PEASE, MN 56363 spend an average of 81 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in PEASE, MN 56363?

Based on current inventory and days-on-market data as of January 2026, PEASE, MN 56363 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 81 days on market compared to 44 days last year.

How much can I save on real estate commission in PEASE, MN?

With SELL123.com's maximum 3% commission, sellers in PEASE, MN 56363 save an estimated $6,998 compared to a typical 5% commission on the median listing price of $349,900. 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.