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Downtown Brainerd (Downtown)

BRAINERD, MN 56401

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

Neighborhoods in ZIP 56401

Downtown Brainerd (Downtown)

Market Analysis

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

The BRAINERD, MN real estate market (56401) currently shows 178 active listings, with 36 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 55 days on market compared to 51 days last year.

The median listing price has risen 6.7% year-over-year, from $411,675 to $439,173.

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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
178
⇧ 4.1% vs 171 last year
Pending
36
20% pending ratio
Median Price
$439,173
⇧ 6.7% vs $411,675 last year
Average Price
$599,257
⇧ 9.2% vs $548,944 last year
Days on Market
55
⇧ 7.8% vs 51 days last year

Price Per Square Foot

Median $/sqft
$203
⇩ 14% vs $236/sqft last year
Median Home Size
2,140 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 178 this year vs 171 last year
  • Days on market: 55 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $439,173 (+6.7% YoY)
  • Average: $599,257 (+9.2% 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 September 2026, there are 178 active listings in BRAINERD, MN (zip code 56401), compared to 171 the prior year.

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

The median listing price in BRAINERD, MN 56401 is $439,173 as of September 2026, a 6.7% increase from $411,675 the prior year.

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

Homes in BRAINERD, MN 56401 spend an average of 55 days on the market before going under contract, compared to 51 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 September 2026, BRAINERD, MN 56401 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 55 days on market compared to 51 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 $8,783 compared to a typical 5% commission on the median listing price of $439,173. 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.