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CALLAWAY, MN 56521

Real Estate Market Report  ·  Becker County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The CALLAWAY, MN real estate market (56521) currently shows 2 active listings. Homes are averaging 285 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 taking longer to sell, averaging 285 days on market compared to 11 days last year.

The median listing price has fallen 32.6% year-over-year, from $400,000 to $269,450.

Whether you are buying or selling in CALLAWAY, 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: 795  ·  Density: 4.9/mi²  ·  Median household income: $65,625

Typical home value: $129,015  ·  Homeownership: 85.4%

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
0
0% pending ratio
Median Price
$269,450
⇩ 32.6% vs $400,000 last year
Average Price
$269,450
⇩ 50.3% vs $541,633 last year
Days on Market
285
⇧ 2490.9% vs 11 days last year

Price Per Square Foot

Median $/sqft
$293
⇧ 120.3% vs $133/sqft last year
Median Home Size
900 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 285 now vs 11 last year

Median & Average Pricing

Year over Year
  • Median: $269,450 (-32.6% YoY)
  • Average: $269,450 (-50.3% 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 37.3 miles — 122 listings ($76,661,235 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56521Callaway, MN 565210.0 mi2$548,900$274,450$274,450
56511Audubon, MN 5651111.2 mi6$4,751,148$714,075$791,858
56578Rochert, MN 5657812.4 mi2$999,500$499,750$499,750
56589Waubun, MN 5658915.1 mi8$2,383,520$234,750$297,940
56544Frazee, MN 5654421.8 mi11$4,267,791$359,761$387,981
56549Hawley, MN 5654922.0 mi15$7,608,075$499,900$507,205
56584Twin Valley, MN 5658422.6 mi2$449,900$224,950$224,950
56587Vergas, MN 5658724.9 mi3$1,608,900$489,000$536,300
56572Pelican Rapids, MN 5657228.5 mi19$14,701,478$427,500$773,762
56573Perham, MN 5657331.1 mi29$29,169,795$367,750$1,005,855
56528Dent, MN 5652832.5 mi7$3,111,920$499,900$444,560
56514Barnesville, MN 5651435.0 mi14$5,154,576$325,250$368,184
56534Erhard, MN 5653437.3 mi4$1,905,732$549,900$476,433

Frequently Asked Questions

How many homes are for sale in CALLAWAY, MN 56521?

As of March 2026, there are 2 active listings in CALLAWAY, MN (zip code 56521), compared to 3 the prior year.

What is the median home price in CALLAWAY, MN 56521?

The median listing price in CALLAWAY, MN 56521 is $269,450 as of March 2026, a 32.6% decrease from $400,000 the prior year.

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

Homes in CALLAWAY, MN 56521 spend an average of 285 days on the market before going under contract, compared to 11 days the prior year.

Is it a seller's or buyer's market in CALLAWAY, MN 56521?

Based on current inventory and days-on-market data as of March 2026, CALLAWAY, MN 56521 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 285 days on market compared to 11 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CALLAWAY, MN 56521 save an estimated $5,389 compared to a typical 5% commission on the median listing price of $269,450. 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.