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BACKUS, MN 56435

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

Market Analysis

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

The BACKUS, MN real estate market (56435) currently shows 21 active listings, with 3 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 67 days on market compared to 69 days last year.

The median listing price has fallen 6.7% year-over-year, from $375,000 to $349,950.

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Market Context

Market Context

Population: 2,833  ·  Density: 6.9/mi²  ·  Median household income: $62,365

Typical home value: $217,639  ·  Homeownership: 91.6%

Market Overview

Active Listings
21
⇩ 27.6% vs 29 last year
Pending
3
14% pending ratio
Median Price
$349,950
⇩ 6.7% vs $375,000 last year
Average Price
$429,425
⇧ 4.8% vs $409,763 last year
Days on Market
67
⇩ 2.9% vs 69 days last year

Price Per Square Foot

Median $/sqft
$290
⇧ 41.5% vs $205/sqft last year
Median Home Size
1,314 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 29 last year
  • Days on market: 67 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $349,950 (-6.7% YoY)
  • Average: $429,425 (+4.8% 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 32.8 miles — 193 listings ($106,797,521 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56435Backus, MN 564350.0 mi12$4,623,864$339,900$385,322
56452Hackensack, MN 5645210.2 mi13$7,915,739$369,900$608,903
56472Pequot Lakes, MN 5647218.3 mi58$26,910,492$477,450$463,974
56655Longville, MN 5665518.6 mi11$7,863,779$530,975$714,889
56448Fifty Lakes, MN 5644820.9 mi2$1,450,000$725,000$725,000
56468Nisswa, MN 5646824.6 mi37$32,136,054$627,125$868,542
56464Menahga, MN 5646427.3 mi22$8,890,310$404,925$404,105
56466Motley, MN 5646627.6 mi8$2,529,664$322,400$316,208
56641Federal Dam, MN 5664129.8 mi1$325,000$325,000$325,000
56441Crosby, MN 5644130.1 mi11$4,721,673$431,725$429,243
56447Emily, MN 5644730.1 mi5$2,183,000$349,900$436,600
56481Verndale, MN 5648130.4 mi3$1,886,826$522,425$628,942
56461Laporte, MN 5646132.8 mi10$5,361,120$328,800$536,112

Frequently Asked Questions

How many homes are for sale in BACKUS, MN 56435?

As of September 2026, there are 21 active listings in BACKUS, MN (zip code 56435), compared to 29 the prior year.

What is the median home price in BACKUS, MN 56435?

The median listing price in BACKUS, MN 56435 is $349,950 as of September 2026, a 6.7% decrease from $375,000 the prior year.

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

Homes in BACKUS, MN 56435 spend an average of 67 days on the market before going under contract, compared to 69 days the prior year.

Is it a seller's or buyer's market in BACKUS, MN 56435?

Based on current inventory and days-on-market data as of September 2026, BACKUS, MN 56435 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 67 days on market compared to 69 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BACKUS, MN 56435 save an estimated $6,999 compared to a typical 5% commission on the median listing price of $349,950. 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.