Data as of April 2026. Source: Realtor.com.
The DETROIT LAKES, MN real estate market (56501) currently shows 125 active listings, with 37 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 47 days on market compared to 40 days last year.
The median listing price has fallen 2.6% year-over-year, from $469,475 to $457,250.
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 April 2026, there are 125 active listings in DETROIT LAKES, MN (zip code 56501), compared to 113 the prior year.
The median listing price in DETROIT LAKES, MN 56501 is $457,250 as of April 2026, a 2.6% decrease from $469,475 the prior year.
Homes in DETROIT LAKES, MN 56501 spend an average of 47 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of April 2026, DETROIT LAKES, MN 56501 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 47 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in DETROIT LAKES, MN 56501 save an estimated $9,145 compared to a typical 5% commission on the median listing price of $457,250. 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.