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CLIMAX, MN 56523

Real Estate Market Report  ·  Polk County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
0
0% pending ratio
Median Price
$144,500
⇩ 6.8% vs $155,000 last year
Average Price
$144,500
⇩ 6.8% vs $155,000 last year
Days on Market
81
⇧ 19.1% vs 68 days last year

Market Context

Population: 395  ·  Density: 1.9/mi²  ·  Median household income: $75,625

Typical home value: $145,710  ·  Homeownership: 81.5%

Market Analysis

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

The CLIMAX, MN real estate market (56523) currently shows 2 active listings. Homes are averaging 81 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 81 days on market compared to 68 days last year.

The median listing price has fallen 6.8% year-over-year, from $155,000 to $144,500.

Whether you are buying or selling in CLIMAX, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 81 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $144,500 (-6.8% YoY)
  • Average: $144,500 (-6.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 35.6 miles — 165 listings ($80,208,223 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56523Climax, MN 565230.0 mi2$289,000$144,500$144,500
58218Buxton, ND 5821811.8 mi5$1,485,400$264,500$297,080
58223Cummings, ND 5822313.3 mi1$235,000$235,000$235,000
58275Reynolds, ND 5827514.3 mi1$294,500$294,500$294,500
56548Halstad, MN 5654818.7 mi4$724,000$85,000$181,000
58201Grand Forks, ND 5820122.2 mi107$60,161,927$499,999$562,261
56721East Grand Forks, MN 5672123.8 mi20$7,115,840$319,900$355,792
56722Euclid, MN 5672224.9 mi1$75,000$75,000$75,000
56540Fertile, MN 5654025.7 mi6$1,191,000$199,999$198,500
56736Mentor, MN 5673628.5 mi7$3,074,036$384,950$439,148
58228Emerado, ND 5822829.6 mi2$790,000$395,000$395,000
58240Hatton, ND 5824031.1 mi3$1,059,900$430,000$353,300
56535Erskine, MN 5653535.6 mi6$3,712,620$439,000$618,770

Frequently Asked Questions

How many homes are for sale in CLIMAX, MN 56523?

As of January 2026, there are 2 active listings in CLIMAX, MN (zip code 56523), compared to 1 the prior year.

What is the median home price in CLIMAX, MN 56523?

The median listing price in CLIMAX, MN 56523 is $144,500 as of January 2026, a 6.8% decrease from $155,000 the prior year.

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

Homes in CLIMAX, MN 56523 spend an average of 81 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in CLIMAX, MN 56523?

Based on current inventory and days-on-market data as of January 2026, CLIMAX, MN 56523 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 81 days on market compared to 68 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CLIMAX, MN 56523 save an estimated $2,890 compared to a typical 5% commission on the median listing price of $144,500. 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.