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VERNDALE, MN 56481

Real Estate Market Report  ·  Wadena County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
vs 3 last year
Pending
0
0% pending ratio
Median Price
$417,400
⇩ 14.2% vs $486,400 last year
Average Price
$658,450
⇧ 23.6% vs $532,917 last year
Days on Market
145
⇧ 74.7% vs 83 days last year

Market Context

Population: 2,375  ·  Density: 6.5/mi²  ·  Median household income: $63,977

Typical home value: $154,521  ·  Homeownership: 84.4%

Market Analysis

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

The VERNDALE, MN real estate market (56481) currently shows 3 active listings. Homes are averaging 145 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 145 days on market compared to 83 days last year.

The median listing price has fallen 14.2% year-over-year, from $486,400 to $417,400.

Whether you are buying or selling in VERNDALE, 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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 145 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $417,400 (-14.2% YoY)
  • Average: $658,450 (+23.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 32.3 miles — 169 listings ($80,749,922 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56481Verndale, MN 564810.0 mi3$1,975,350$417,400$658,450
56482Wadena, MN 564829.9 mi24$6,314,400$259,950$263,100
56466Motley, MN 5646614.9 mi6$2,115,240$379,900$352,540
56437Bertha, MN 5643716.1 mi5$1,248,900$200,000$249,780
56567New York Mills, MN 5656721.3 mi13$4,694,482$344,950$361,114
56440Clarissa, MN 5644022.2 mi2$277,250$138,625$138,625
56438Browerville, MN 5643823.5 mi8$3,509,064$417,000$438,633
56443Cushing, MN 5644325.6 mi4$1,420,900$328,450$355,225
56361Parkers Prairie, MN 5636128.5 mi6$2,565,000$339,000$427,500
56571Ottertail, MN 5657128.9 mi15$5,335,500$319,000$355,700
56435Backus, MN 5643530.4 mi12$4,384,800$337,450$365,400
56573Perham, MN 5657331.0 mi29$29,047,444$369,500$1,001,636
56425Baxter, MN 5642532.3 mi42$17,861,592$415,000$425,276

Frequently Asked Questions

How many homes are for sale in VERNDALE, MN 56481?

As of January 2026, there are 3 active listings in VERNDALE, MN (zip code 56481), compared to 3 the prior year.

What is the median home price in VERNDALE, MN 56481?

The median listing price in VERNDALE, MN 56481 is $417,400 as of January 2026, a 14.2% decrease from $486,400 the prior year.

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

Homes in VERNDALE, MN 56481 spend an average of 145 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in VERNDALE, MN 56481?

Based on current inventory and days-on-market data as of January 2026, VERNDALE, MN 56481 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 145 days on market compared to 83 days last year.

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

With SELL123.com's maximum 3% commission, sellers in VERNDALE, MN 56481 save an estimated $8,348 compared to a typical 5% commission on the median listing price of $417,400. 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.