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BATTLE LAKE, MN 56515

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The BATTLE LAKE, MN real estate market (56515) currently shows 18 active listings, with 5 pending sales. Homes are averaging 16 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 16 days on market compared to 49 days last year.

The median listing price has fallen 44.8% year-over-year, from $693,500 to $382,500.

Whether you are buying or selling in BATTLE LAKE, 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 Context

Market Context

Population: 2,799  ·  Density: 11.2/mi²  ·  Median household income: $72,012

Typical home value: $346,373  ·  Homeownership: 86.2%

Market Overview

Active Listings
18
⇩ 5.3% vs 19 last year
Pending
5
28% pending ratio
Median Price
$382,500
⇩ 44.8% vs $693,500 last year
Average Price
$448,890
⇩ 38.1% vs $725,144 last year
Days on Market
16
⇩ 67.3% vs 49 days last year

Price Per Square Foot

Median $/sqft
$294
⇩ 1.7% vs $299/sqft last year
Median Home Size
1,255 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 19 last year
  • Days on market: 16 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $382,500 (-44.8% YoY)
  • Average: $448,890 (-38.1% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.0 miles — 124 listings ($55,957,286 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56515Battle Lake, MN 565150.0 mi7$3,349,920$349,999$478,560
56524Clitherall, MN 565247.5 mi6$3,574,020$285,425$595,670
56576Richville, MN 5657612.2 mi6$3,994,560$529,900$665,760
56571Ottertail, MN 5657112.8 mi15$5,498,250$353,500$366,550
56309Ashby, MN 5630915.5 mi4$1,296,952$319,000$324,238
56537Fergus Falls, MN 5653718.3 mi37$12,756,231$336,250$344,763
56534Erhard, MN 5653418.7 mi4$1,905,732$549,900$476,433
56361Parkers Prairie, MN 5636120.1 mi8$3,173,336$270,375$396,667
56533Elizabeth, MN 5653322.4 mi1$179,000$179,000$179,000
56567New York Mills, MN 5656723.9 mi11$3,199,207$264,900$290,837
56587Vergas, MN 5658724.8 mi3$1,608,900$489,000$536,300
56453Hewitt, MN 5645326.1 mi3$719,700$239,900$239,900
56572Pelican Rapids, MN 5657228.0 mi19$14,701,478$427,500$773,762

Frequently Asked Questions

How many homes are for sale in BATTLE LAKE, MN 56515?

As of March 2026, there are 18 active listings in BATTLE LAKE, MN (zip code 56515), compared to 19 the prior year.

What is the median home price in BATTLE LAKE, MN 56515?

The median listing price in BATTLE LAKE, MN 56515 is $382,500 as of March 2026, a 44.8% decrease from $693,500 the prior year.

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

Homes in BATTLE LAKE, MN 56515 spend an average of 16 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in BATTLE LAKE, MN 56515?

Based on current inventory and days-on-market data as of March 2026, BATTLE LAKE, MN 56515 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 16 days on market compared to 49 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BATTLE LAKE, MN 56515 save an estimated $7,650 compared to a typical 5% commission on the median listing price of $382,500. 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.