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HENDRUM, MN 56550

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

Market Analysis

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

The HENDRUM, MN real estate market (56550) currently shows 2 active listings. Homes are averaging 39 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 39 days on market compared to 56 days last year.

The median listing price has fallen 49.1% year-over-year, from $144,950 to $73,750.

Whether you are buying or selling in HENDRUM, 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: 267  ·  Density: 2.1/mi²  ·  Median household income: $59,583

Typical home value: $162,488  ·  Homeownership: 82.5%

Market Overview

Active Listings
2
vs 2 last year
Pending
0
0% pending ratio
Median Price
$73,750
⇩ 49.1% vs $144,950 last year
Average Price
$73,750
⇩ 49.1% vs $144,950 last year
Days on Market
39
⇩ 30.4% vs 56 days last year

Price Per Square Foot

Median $/sqft
$66
⇩ 38.9% vs $108/sqft last year
Median Home Size
1,107 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 39 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $73,750 (-49.1% YoY)
  • Average: $73,750 (-49.1% 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 33.2 miles — 426 listings ($222,411,191 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56550Hendrum, MN 565500.0 mi2$120,000$60,000$60,000
56548Halstad, MN 565487.0 mi5$907,500$110,000$181,500
56581Shelly, MN 5658113.0 mi1$184,900$184,900$184,900
58045Hillsboro, ND 5804515.2 mi5$1,078,315$236,250$215,663
58223Cummings, ND 5822321.3 mi1$235,000$235,000$235,000
56584Twin Valley, MN 5658424.3 mi2$449,900$224,950$224,950
56523Climax, MN 5652325.6 mi2$289,000$144,500$144,500
56585Ulen, MN 5658526.8 mi2$1,597,000$798,500$798,500
56547Glyndon, MN 5654727.8 mi16$6,517,456$401,175$407,341
56540Fertile, MN 5654029.0 mi6$1,153,800$199,999$192,300
58078West Fargo, ND 5807829.4 mi159$74,436,168$415,430$468,152
58012Casselton, ND 5801230.2 mi9$8,000,640$421,950$888,960
58104Fargo, ND 5810433.2 mi216$127,441,512$449,900$590,007

Frequently Asked Questions

How many homes are for sale in HENDRUM, MN 56550?

As of March 2026, there are 2 active listings in HENDRUM, MN (zip code 56550), compared to 2 the prior year.

What is the median home price in HENDRUM, MN 56550?

The median listing price in HENDRUM, MN 56550 is $73,750 as of March 2026, a 49.1% decrease from $144,950 the prior year.

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

Homes in HENDRUM, MN 56550 spend an average of 39 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in HENDRUM, MN 56550?

Based on current inventory and days-on-market data as of March 2026, HENDRUM, MN 56550 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 39 days on market compared to 56 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HENDRUM, MN 56550 save an estimated $1,475 compared to a typical 5% commission on the median listing price of $73,750. 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.