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FERGUS FALLS, MN 56537

Real Estate Market Report  ·  Otter Tail County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
37
⇩ 21.3% vs 47 last year
Pending
17
46% pending ratio
Median Price
$330,000
⇧ 30.7% vs $252,450 last year
Average Price
$333,824
⇧ 1.9% vs $327,552 last year
Days on Market
107
⇧ 84.5% vs 58 days last year

Market Context

Population: 19,870  ·  Density: 27.1/mi²  ·  Median household income: $59,824

Typical home value: $197,508  ·  Homeownership: 71.8%

Market Analysis

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

The FERGUS FALLS, MN real estate market (56537) currently shows 37 active listings, with 17 pending sales. Homes are averaging 107 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 107 days on market compared to 58 days last year.

The median listing price has risen 30.7% year-over-year, from $252,450 to $330,000.

Whether you are buying or selling in FERGUS FALLS, 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: 37 this year vs 47 last year
  • Days on market: 107 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $330,000 (+30.7% YoY)
  • Average: $333,824 (+1.9% 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 30.6 miles — 148 listings ($53,288,582 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56537Fergus Falls, MN 565370.0 mi37$12,351,488$330,000$333,824
56324Dalton, MN 5632411.7 mi1$427,450$427,450$427,450
56534Erhard, MN 5653413.4 mi5$2,749,250$612,450$549,850
56522Campbell, MN 5652217.3 mi1$178,400$178,400$178,400
56515Battle Lake, MN 5651518.3 mi16$6,298,928$259,900$393,683
56520Breckenridge, MN 5652019.8 mi25$7,023,225$279,900$280,929
56528Dent, MN 5652822.0 mi7$4,231,885$575,000$604,555
56576Richville, MN 5657622.7 mi7$4,396,931$484,950$628,133
56583Tintah, MN 5658324.3 mi1$670,000$670,000$670,000
56587Vergas, MN 5658727.1 mi3$1,638,000$489,000$546,000
56588Vining, MN 5658828.4 mi2$459,800$229,900$229,900
58075Wahpeton, ND 5807530.2 mi35$10,121,825$329,900$289,195
56551Henning, MN 5655130.6 mi8$2,741,400$264,000$342,675

Frequently Asked Questions

How many homes are for sale in FERGUS FALLS, MN 56537?

As of January 2026, there are 37 active listings in FERGUS FALLS, MN (zip code 56537), compared to 47 the prior year.

What is the median home price in FERGUS FALLS, MN 56537?

The median listing price in FERGUS FALLS, MN 56537 is $330,000 as of January 2026, a 30.7% increase from $252,450 the prior year.

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

Homes in FERGUS FALLS, MN 56537 spend an average of 107 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in FERGUS FALLS, MN 56537?

Based on current inventory and days-on-market data as of January 2026, FERGUS FALLS, MN 56537 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 107 days on market compared to 58 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FERGUS FALLS, MN 56537 save an estimated $6,600 compared to a typical 5% commission on the median listing price of $330,000. 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.