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FOSSTON, MN 56542

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The FOSSTON, MN real estate market (56542) currently shows 13 active listings, with 4 pending sales. Homes are averaging 32 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 selling faster, averaging 32 days on market compared to 61 days last year.

The median listing price has risen 4.8% year-over-year, from $224,750 to $235,625.

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Market Context

Market Context

Population: 2,434  ·  Density: 5.2/mi²  ·  Median household income: $54,205

Typical home value: $164,896  ·  Homeownership: 74.9%

Market Overview

Active Listings
13
⇧ 8.3% vs 12 last year
Pending
4
31% pending ratio
Median Price
$235,625
⇧ 4.8% vs $224,750 last year
Average Price
$259,692
⇩ 15.6% vs $307,589 last year
Days on Market
32
⇩ 47.5% vs 61 days last year

Price Per Square Foot

Median $/sqft
$122
⇧ 7% vs $114/sqft last year
Median Home Size
2,164 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 12 last year
  • Days on market: 32 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $235,625 (+4.8% YoY)
  • Average: $259,692 (-15.6% 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 40.1 miles — 48 listings ($14,777,868 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56542Fosston, MN 565420.0 mi9$1,666,854$188,200$185,206
56651Lengby, MN 5665110.1 mi1$674,250$674,250$674,250
56634Clearbrook, MN 5663417.1 mi4$430,000$107,500$107,500
56644Gonvick, MN 5664417.7 mi3$980,001$385,000$326,667
56715Brooks, MN 5671519.6 mi1$298,000$298,000$298,000
56736Mentor, MN 5673624.6 mi9$4,063,986$361,750$451,554
56742Oklee, MN 5674225.3 mi1$215,000$215,000$215,000
56589Waubun, MN 5658926.8 mi8$2,383,520$234,750$297,940
56678Solway, MN 5667829.9 mi3$904,374$316,875$301,458
56569Ogema, MN 5656934.3 mi4$1,475,884$391,500$368,971
56754Saint Hilaire, MN 5675436.2 mi0$0$145,000$145,000
56575Ponsford, MN 5657539.0 mi2$854,000$427,000$427,000
56725Goodridge, MN 5672540.1 mi3$831,999$275,000$277,333

Frequently Asked Questions

How many homes are for sale in FOSSTON, MN 56542?

As of September 2026, there are 13 active listings in FOSSTON, MN (zip code 56542), compared to 12 the prior year.

What is the median home price in FOSSTON, MN 56542?

The median listing price in FOSSTON, MN 56542 is $235,625 as of September 2026, a 4.8% increase from $224,750 the prior year.

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

Homes in FOSSTON, MN 56542 spend an average of 32 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in FOSSTON, MN 56542?

Based on current inventory and days-on-market data as of September 2026, FOSSTON, MN 56542 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 32 days on market compared to 61 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FOSSTON, MN 56542 save an estimated $4,713 compared to a typical 5% commission on the median listing price of $235,625. 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.