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MENAHGA, MN 56464

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

Market Analysis

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

The MENAHGA, MN real estate market (56464) currently shows 36 active listings, with 4 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 84 days on market compared to 44 days last year.

The median listing price has fallen 12.2% year-over-year, from $421,800 to $370,475.

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Market Context

Market Context

Population: 4,858  ·  Density: 7.3/mi²  ·  Median household income: $67,879

Typical home value: $184,725  ·  Homeownership: 82.8%

Market Overview

Active Listings
36
⇧ 5.9% vs 34 last year
Pending
4
11% pending ratio
Median Price
$370,475
⇩ 12.2% vs $421,800 last year
Average Price
$383,702
⇩ 10.8% vs $429,948 last year
Days on Market
84
⇧ 90.9% vs 44 days last year

Price Per Square Foot

Median $/sqft
$220
⇧ 1.4% vs $217/sqft last year
Median Home Size
1,765 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 36 this year vs 34 last year
  • Days on market: 84 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $370,475 (-12.2% YoY)
  • Average: $383,702 (-10.8% 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 35.0 miles — 131 listings ($53,825,161 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56464Menahga, MN 564640.0 mi22$8,890,310$404,925$404,105
56570Osage, MN 5657015.5 mi6$2,074,752$313,475$345,792
56467Nevis, MN 5646719.3 mi10$8,704,000$289,900$870,400
56482Wadena, MN 5648220.8 mi22$5,860,910$254,950$266,405
56544Frazee, MN 5654423.3 mi11$4,267,791$359,761$387,981
56433Akeley, MN 5643323.9 mi11$5,446,914$398,450$495,174
56479Staples, MN 5647927.2 mi13$3,969,043$254,900$305,311
56578Rochert, MN 5657828.3 mi2$999,500$499,750$499,750
56458Lake George, MN 5645830.4 mi3$1,327,497$442,499$442,499
56453Hewitt, MN 5645331.3 mi3$719,700$239,900$239,900
56466Motley, MN 5646633.0 mi8$2,529,664$322,400$316,208
56461Laporte, MN 5646134.0 mi10$5,361,120$328,800$536,112
56551Henning, MN 5655135.0 mi10$3,673,960$305,700$367,396

Frequently Asked Questions

How many homes are for sale in MENAHGA, MN 56464?

As of September 2026, there are 36 active listings in MENAHGA, MN (zip code 56464), compared to 34 the prior year.

What is the median home price in MENAHGA, MN 56464?

The median listing price in MENAHGA, MN 56464 is $370,475 as of September 2026, a 12.2% decrease from $421,800 the prior year.

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

Homes in MENAHGA, MN 56464 spend an average of 84 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 MENAHGA, MN 56464?

Based on current inventory and days-on-market data as of September 2026, MENAHGA, MN 56464 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 84 days on market compared to 44 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MENAHGA, MN 56464 save an estimated $7,410 compared to a typical 5% commission on the median listing price of $370,475. 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.