Data as of June 2026. Source: Realtor.com.
The DETROIT LAKES, MN real estate market (56501) currently shows 165 active listings, with 43 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 45 days on market compared to 49 days last year.
The median listing price has fallen 1.1% year-over-year, from $479,950 to $474,900.
Whether you are buying or selling in DETROIT LAKES, 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.
Population: 18,085 · Density: 37.4/mi² · Median household income: $68,413
Typical home value: $275,520 · Homeownership: 72.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56501 | Detroit Lakes, MN 56501 | 0.0 mi | 83 | $49,518,049 | $451,975 | $596,603 |
| 56578 | Rochert, MN 56578 | 10.0 mi | 2 | $999,500 | $499,750 | $499,750 |
| 56544 | Frazee, MN 56544 | 11.9 mi | 11 | $4,267,791 | $359,761 | $387,981 |
| 56554 | Lake Park, MN 56554 | 14.2 mi | 8 | $3,659,960 | $505,500 | $457,495 |
| 56573 | Perham, MN 56573 | 20.0 mi | 29 | $29,169,795 | $367,750 | $1,005,855 |
| 56528 | Dent, MN 56528 | 21.2 mi | 7 | $3,111,920 | $499,900 | $444,560 |
| 56575 | Ponsford, MN 56575 | 23.1 mi | 2 | $854,000 | $427,000 | $427,000 |
| 56589 | Waubun, MN 56589 | 24.2 mi | 8 | $2,383,520 | $234,750 | $297,940 |
| 56585 | Ulen, MN 56585 | 26.4 mi | 2 | $1,597,000 | $798,500 | $798,500 |
| 56567 | New York Mills, MN 56567 | 29.4 mi | 11 | $3,199,207 | $264,900 | $290,837 |
| 56571 | Ottertail, MN 56571 | 30.6 mi | 15 | $5,498,250 | $353,500 | $366,550 |
| 56584 | Twin Valley, MN 56584 | 33.4 mi | 2 | $449,900 | $224,950 | $224,950 |
| 56533 | Elizabeth, MN 56533 | 33.8 mi | 1 | $179,000 | $179,000 | $179,000 |
As of June 2026, there are 165 active listings in DETROIT LAKES, MN (zip code 56501), compared to 171 the prior year.
The median listing price in DETROIT LAKES, MN 56501 is $474,900 as of June 2026, a 1.1% decrease from $479,950 the prior year.
Homes in DETROIT LAKES, MN 56501 spend an average of 45 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of June 2026, DETROIT LAKES, MN 56501 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 45 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT LAKES, MN 56501 save an estimated $9,498 compared to a typical 5% commission on the median listing price of $474,900. 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.