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Downtown Brainerd (Downtown)

BRAINERD, MN 56401

Real Estate Market Report
Buyer's Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 56401

Downtown Brainerd (Downtown)

Market Analysis

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

The BRAINERD, MN real estate market (56401) currently shows 213 active listings, with 81 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 51 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 47 days on market compared to 46 days last year.

The median listing price has risen 2% year-over-year, from $431,175 to $439,900.

Whether you are buying or selling in BRAINERD, 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.

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Market Context

Market Context

Population: 31,347  ·  Density: 37.5/mi²  ·  Median household income: $62,275

Typical home value: $218,444  ·  Homeownership: 73.3%

Market Overview

Active Listings
213
⇧ 31.5% vs 162 last year
Pending
81
38% pending ratio
Median Price
$439,900
⇧ 2% vs $431,175 last year
Average Price
$584,420
⇩ 4.5% vs $612,124 last year
Days on Market
47
⇧ 2.2% vs 46 days last year

Price Per Square Foot

Median $/sqft
$219
⇩ 8.4% vs $239/sqft last year
Median Home Size
2,022 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 213 this year vs 162 last year
  • Days on market: 47 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $439,900 (+2% YoY)
  • Average: $584,420 (-4.5% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 32.1 miles — 254 listings ($125,090,418 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56401Brainerd, MN 564010.0 mi118$53,976,622$378,500$457,429
56455Ironton, MN 5645510.3 mi5$2,253,360$464,300$450,672
56444Deerwood, MN 5644413.3 mi9$4,449,762$416,725$494,418
56465Merrifield, MN 5646514.7 mi15$14,658,645$790,000$977,243
56473Pillager, MN 5647317.5 mi8$4,519,040$628,250$564,880
56472Pequot Lakes, MN 5647220.6 mi58$26,910,492$477,450$463,974
56443Cushing, MN 5644323.6 mi5$2,018,065$394,000$403,613
56338Hillman, MN 5633824.7 mi1$694,900$694,900$694,900
56466Motley, MN 5646625.2 mi8$2,529,664$322,400$316,208
56475Randall, MN 5647526.0 mi2$570,000$285,000$285,000
56474Pine River, MN 5647430.6 mi22$10,834,868$448,675$492,494
56448Fifty Lakes, MN 5644832.1 mi2$1,450,000$725,000$725,000
56328Flensburg, MN 5632832.1 mi1$225,000$225,000$225,000

Frequently Asked Questions

How many homes are for sale in BRAINERD, MN 56401?

As of June 2026, there are 213 active listings in BRAINERD, MN (zip code 56401), compared to 162 the prior year.

What is the median home price in BRAINERD, MN 56401?

The median listing price in BRAINERD, MN 56401 is $439,900 as of June 2026, a 2% increase from $431,175 the prior year.

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

Homes in BRAINERD, MN 56401 spend an average of 47 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in BRAINERD, MN 56401?

Based on current inventory and days-on-market data as of June 2026, BRAINERD, MN 56401 is currently a Buyer's Market. Inventory has increased compared to last year, with 51 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 47 days on market compared to 46 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BRAINERD, MN 56401 save an estimated $8,798 compared to a typical 5% commission on the median listing price of $439,900. 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.