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HENNING, MN 56551

Real Estate Market Report  ·  Otter Tail County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇩ 42.9% vs 14 last year
Pending
1
13% pending ratio
Median Price
$264,000
⇧ 9.2% vs $241,750 last year
Average Price
$342,675
⇧ 35.4% vs $253,046 last year
Days on Market
59
⇩ 44.9% vs 107 days last year

Market Context

Population: 2,191  ·  Density: 8.0/mi²  ·  Median household income: $60,000

Typical home value: $199,672  ·  Homeownership: 78.4%

Market Analysis

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

The HENNING, MN real estate market (56551) currently shows 8 active listings, with 1 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 59 days on market compared to 107 days last year.

The median listing price has risen 9.2% year-over-year, from $241,750 to $264,000.

Whether you are buying or selling in HENNING, 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: 8 this year vs 14 last year
  • Days on market: 59 now vs 107 last year

Median & Average Pricing

Year over Year
  • Median: $264,000 (+9.2% YoY)
  • Average: $342,675 (+35.4% 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 26.6 miles — 116 listings ($64,375,630 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56551Henning, MN 565510.0 mi8$2,741,400$264,000$342,675
56527Deer Creek, MN 565277.4 mi1$169,900$169,900$169,900
56524Clitherall, MN 5652410.5 mi6$3,911,760$329,000$651,960
56515Battle Lake, MN 5651512.4 mi16$6,298,928$259,900$393,683
56576Richville, MN 5657616.1 mi7$4,396,931$484,950$628,133
56482Wadena, MN 5648217.8 mi24$6,314,400$259,950$263,100
56437Bertha, MN 5643719.4 mi5$1,248,900$200,000$249,780
56573Perham, MN 5657321.0 mi29$29,047,444$369,500$1,001,636
56528Dent, MN 5652822.5 mi7$4,231,885$575,000$604,555
56309Ashby, MN 5630923.5 mi3$973,332$335,333$324,444
56319Carlos, MN 5631924.3 mi4$1,693,200$450,000$423,300
56315Brandon, MN 5631524.4 mi3$1,372,200$457,400$457,400
56481Verndale, MN 5648126.6 mi3$1,975,350$417,400$658,450

Frequently Asked Questions

How many homes are for sale in HENNING, MN 56551?

As of January 2026, there are 8 active listings in HENNING, MN (zip code 56551), compared to 14 the prior year.

What is the median home price in HENNING, MN 56551?

The median listing price in HENNING, MN 56551 is $264,000 as of January 2026, a 9.2% increase from $241,750 the prior year.

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

Homes in HENNING, MN 56551 spend an average of 59 days on the market before going under contract, compared to 107 days the prior year.

Is it a seller's or buyer's market in HENNING, MN 56551?

Based on current inventory and days-on-market data as of January 2026, HENNING, MN 56551 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 59 days on market compared to 107 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HENNING, MN 56551 save an estimated $5,280 compared to a typical 5% commission on the median listing price of $264,000. 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.