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NEVIS, MN 56467

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

Market Analysis

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

The NEVIS, MN real estate market (56467) currently shows 36 active listings, with 10 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 47 days on market compared to 60 days last year.

The median listing price has risen 0.2% year-over-year, from $496,225 to $497,400.

Whether you are buying or selling in NEVIS, 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: 2,719  ·  Density: 8.4/mi²  ·  Median household income: $73,496

Typical home value: $283,930  ·  Homeownership: 96.0%

Market Overview

Active Listings
36
⇩ 16.3% vs 43 last year
Pending
10
28% pending ratio
Median Price
$497,400
⇧ 0.2% vs $496,225 last year
Average Price
$668,425
⇩ 16.5% vs $800,720 last year
Days on Market
47
⇩ 21.7% vs 60 days last year

Price Per Square Foot

Median $/sqft
$297
⇩ 6.3% vs $317/sqft last year
Median Home Size
1,930 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 36 this year vs 43 last year
  • Days on market: 47 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $497,400 (+0.2% YoY)
  • Average: $668,425 (-16.5% 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 38.8 miles — 246 listings ($114,663,891 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56467Nevis, MN 564670.0 mi10$8,704,000$289,900$870,400
56470Park Rapids, MN 5647012.5 mi44$27,308,688$359,975$620,652
56461Laporte, MN 5646117.4 mi10$5,361,120$328,800$536,112
56435Backus, MN 5643518.6 mi12$4,623,864$339,900$385,322
56464Menahga, MN 5646419.3 mi22$8,890,310$404,925$404,105
56570Osage, MN 5657024.9 mi6$2,074,752$313,475$345,792
56633Cass Lake, MN 5663328.2 mi24$8,993,352$236,000$374,723
56655Longville, MN 5665528.6 mi11$7,863,779$530,975$714,889
56678Solway, MN 5667833.9 mi3$904,374$316,875$301,458
56472Pequot Lakes, MN 5647236.2 mi58$26,910,492$477,450$463,974
56479Staples, MN 5647937.4 mi13$3,969,043$254,900$305,311
56482Wadena, MN 5648238.2 mi22$5,860,910$254,950$266,405
56567New York Mills, MN 5656738.8 mi11$3,199,207$264,900$290,837

Frequently Asked Questions

How many homes are for sale in NEVIS, MN 56467?

As of July 2026, there are 36 active listings in NEVIS, MN (zip code 56467), compared to 43 the prior year.

What is the median home price in NEVIS, MN 56467?

The median listing price in NEVIS, MN 56467 is $497,400 as of July 2026, a 0.2% increase from $496,225 the prior year.

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

Homes in NEVIS, MN 56467 spend an average of 47 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in NEVIS, MN 56467?

Based on current inventory and days-on-market data as of July 2026, NEVIS, MN 56467 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 47 days on market compared to 60 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEVIS, MN 56467 save an estimated $9,948 compared to a typical 5% commission on the median listing price of $497,400. 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.