Data as of March 2026. Source: Realtor.com.
The DETROIT LAKES, MN real estate market (56501) currently shows 108 active listings, with 27 pending sales. Homes are averaging 49 days on the market before going under contract.
Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.
Homes are selling faster, averaging 49 days on market compared to 55 days last year.
The median listing price has risen 2.7% year-over-year, from $448,450 to $460,500.
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 March 2026, there are 108 active listings in DETROIT LAKES, MN (zip code 56501), compared to 84 the prior year.
The median listing price in DETROIT LAKES, MN 56501 is $460,500 as of March 2026, a 2.7% increase from $448,450 the prior year.
Homes in DETROIT LAKES, MN 56501 spend an average of 49 days on the market before going under contract, compared to 55 days the prior year.
Based on current inventory and days-on-market data as of March 2026, DETROIT LAKES, MN 56501 is currently a Balanced Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are selling faster, averaging 49 days on market compared to 55 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT LAKES, MN 56501 save an estimated $9,210 compared to a typical 5% commission on the median listing price of $460,500. 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.