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BRECKENRIDGE, MN 56520

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

Market Analysis

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

The BRECKENRIDGE, MN real estate market (56520) currently shows 28 active listings, with 8 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 49 days on market compared to 45 days last year.

The median listing price has fallen 39.9% year-over-year, from $399,000 to $239,950.

Whether you are buying or selling in BRECKENRIDGE, 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: 3,889  ·  Density: 11.9/mi²  ·  Median household income: $60,526

Typical home value: $155,926  ·  Homeownership: 74.9%

Market Overview

Active Listings
28
⇧ 55.6% vs 18 last year
Pending
8
29% pending ratio
Median Price
$239,950
⇩ 39.9% vs $399,000 last year
Average Price
$254,115
⇩ 25.6% vs $341,656 last year
Days on Market
49
⇧ 8.9% vs 45 days last year

Price Per Square Foot

Median $/sqft
$130
⇩ 23.1% vs $169/sqft last year
Median Home Size
1,883 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 28 this year vs 18 last year
  • Days on market: 49 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $239,950 (-39.9% YoY)
  • Average: $254,115 (-25.6% 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 37.0 miles — 197 listings ($81,687,928 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56520Breckenridge, MN 565200.0 mi23$6,473,718$289,600$281,466
56579Rothsay, MN 5657914.8 mi2$447,500$223,750$223,750
56533Elizabeth, MN 5653318.6 mi1$179,000$179,000$179,000
56583Tintah, MN 5658320.1 mi1$640,000$640,000$640,000
56514Barnesville, MN 5651425.3 mi14$5,154,576$325,250$368,184
56534Erhard, MN 5653426.3 mi4$1,905,732$549,900$476,433
56525Comstock, MN 5652529.1 mi1$68,900$68,900$68,900
56324Dalton, MN 5632429.8 mi2$269,800$134,900$134,900
56296Wheaton, MN 5629631.6 mi2$301,500$150,750$150,750
56586Underwood, MN 5658631.8 mi6$1,589,628$292,400$264,938
58047Horace, ND 5804734.6 mi133$61,494,279$380,444$462,363
58053Lidgerwood, ND 5805336.3 mi1$51,375$51,375$51,375
56528Dent, MN 5652837.0 mi7$3,111,920$499,900$444,560

Frequently Asked Questions

How many homes are for sale in BRECKENRIDGE, MN 56520?

As of March 2026, there are 28 active listings in BRECKENRIDGE, MN (zip code 56520), compared to 18 the prior year.

What is the median home price in BRECKENRIDGE, MN 56520?

The median listing price in BRECKENRIDGE, MN 56520 is $239,950 as of March 2026, a 39.9% decrease from $399,000 the prior year.

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

Homes in BRECKENRIDGE, MN 56520 spend an average of 49 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in BRECKENRIDGE, MN 56520?

Based on current inventory and days-on-market data as of March 2026, BRECKENRIDGE, MN 56520 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 49 days on market compared to 45 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BRECKENRIDGE, MN 56520 save an estimated $4,799 compared to a typical 5% commission on the median listing price of $239,950. 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.