Data as of September 2026. Source: Realtor.com.
The DETROIT LAKES, MN real estate market (56501) currently shows 168 active listings, with 15 pending sales. Homes are averaging 59 days on the market before going under contract.
Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice.
Homes are selling faster, averaging 59 days on market compared to 69 days last year.
The median listing price has risen 7% year-over-year, from $432,000 to $462,200.
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 September 2026, there are 168 active listings in DETROIT LAKES, MN (zip code 56501), compared to 138 the prior year.
The median listing price in DETROIT LAKES, MN 56501 is $462,200 as of September 2026, a 7% increase from $432,000 the prior year.
Homes in DETROIT LAKES, MN 56501 spend an average of 59 days on the market before going under contract, compared to 69 days the prior year.
Based on current inventory and days-on-market data as of September 2026, DETROIT LAKES, MN 56501 is currently a Balanced Market. Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice. Homes are selling faster, averaging 59 days on market compared to 69 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT LAKES, MN 56501 save an estimated $9,244 compared to a typical 5% commission on the median listing price of $462,200. 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.