Population: 2,241 · Density: 22.5/mi² · Median household income: $69,292
Typical home value: $318,802 · Homeownership: 93.4%
Data as of January 2026. Source: Realtor.com.
The MERRIFIELD, MN real estate market (56465) currently shows 13 active listings, with 4 pending sales. Homes are averaging 129 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 129 days on market compared to 115 days last year.
The median listing price has risen 53.8% year-over-year, from $399,900 to $614,950.
Whether you are buying or selling in MERRIFIELD, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56465 | Merrifield, MN 56465 | 0.0 mi | 13 | $9,700,548 | $614,950 | $746,196 |
| 56455 | Ironton, MN 56455 | 7.8 mi | 6 | $2,688,930 | $464,300 | $448,155 |
| 56442 | Crosslake, MN 56442 | 9.8 mi | 18 | $14,159,664 | $399,900 | $786,648 |
| 56444 | Deerwood, MN 56444 | 13.8 mi | 9 | $4,633,425 | $379,900 | $514,825 |
| 56425 | Baxter, MN 56425 | 15.6 mi | 42 | $17,861,592 | $415,000 | $425,276 |
| 56447 | Emily, MN 56447 | 17.4 mi | 5 | $1,987,250 | $312,450 | $397,450 |
| 56473 | Pillager, MN 56473 | 21.5 mi | 8 | $4,111,864 | $549,500 | $513,983 |
| 56662 | Outing, MN 56662 | 23.7 mi | 3 | $1,679,901 | $550,000 | $559,967 |
| 56466 | Motley, MN 56466 | 26.0 mi | 6 | $2,115,240 | $379,900 | $352,540 |
| 56435 | Backus, MN 56435 | 27.3 mi | 12 | $4,384,800 | $337,450 | $365,400 |
| 56469 | Palisade, MN 56469 | 31.7 mi | 2 | $1,198,900 | $599,450 | $599,450 |
| 56443 | Cushing, MN 56443 | 32.4 mi | 4 | $1,420,900 | $328,450 | $355,225 |
| 56452 | Hackensack, MN 56452 | 32.9 mi | 14 | $9,698,738 | $375,000 | $692,767 |
As of January 2026, there are 13 active listings in MERRIFIELD, MN (zip code 56465), compared to 14 the prior year.
The median listing price in MERRIFIELD, MN 56465 is $614,950 as of January 2026, a 53.8% increase from $399,900 the prior year.
Homes in MERRIFIELD, MN 56465 spend an average of 129 days on the market before going under contract, compared to 115 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MERRIFIELD, MN 56465 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 129 days on market compared to 115 days last year.
With SELL123.com's maximum 3% commission, sellers in MERRIFIELD, MN 56465 save an estimated $12,299 compared to a typical 5% commission on the median listing price of $614,950. 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.