Data as of March 2026. Source: Realtor.com.
The LAKE PARK, MN real estate market (56554) currently shows 11 active listings, with 1 pending sales. Homes are averaging 68 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 68 days on market compared to 46 days last year.
The median listing price has risen 16.3% year-over-year, from $429,900 to $499,925.
Whether you are buying or selling in LAKE PARK, 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.
Population: 2,698 · Density: 9.0/mi² · Median household income: $86,607
Typical home value: $284,447 · Homeownership: 92.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56554 | Lake Park, MN 56554 | 0.0 mi | 8 | $3,659,960 | $505,500 | $457,495 |
| 56549 | Hawley, MN 56549 | 9.6 mi | 15 | $7,608,075 | $499,900 | $507,205 |
| 56501 | Detroit Lakes, MN 56501 | 14.2 mi | 83 | $49,518,049 | $451,975 | $596,603 |
| 56569 | Ogema, MN 56569 | 19.2 mi | 4 | $1,475,884 | $391,500 | $368,971 |
| 56547 | Glyndon, MN 56547 | 20.6 mi | 16 | $6,517,456 | $401,175 | $407,341 |
| 56578 | Rochert, MN 56578 | 21.9 mi | 2 | $999,500 | $499,750 | $499,750 |
| 56584 | Twin Valley, MN 56584 | 24.6 mi | 2 | $449,900 | $224,950 | $224,950 |
| 56519 | Borup, MN 56519 | 25.9 mi | 2 | $330,000 | $165,000 | $165,000 |
| 56529 | Dilworth, MN 56529 | 27.5 mi | 17 | $5,867,720 | $344,900 | $345,160 |
| 56528 | Dent, MN 56528 | 28.4 mi | 7 | $3,111,920 | $499,900 | $444,560 |
| 56560 | Moorhead, MN 56560 | 29.5 mi | 174 | $57,479,682 | $316,150 | $330,343 |
| 56573 | Perham, MN 56573 | 32.6 mi | 29 | $29,169,795 | $367,750 | $1,005,855 |
| 56533 | Elizabeth, MN 56533 | 33.2 mi | 1 | $179,000 | $179,000 | $179,000 |
As of March 2026, there are 11 active listings in LAKE PARK, MN (zip code 56554), compared to 11 the prior year.
The median listing price in LAKE PARK, MN 56554 is $499,925 as of March 2026, a 16.3% increase from $429,900 the prior year.
Homes in LAKE PARK, MN 56554 spend an average of 68 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of March 2026, LAKE PARK, MN 56554 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 68 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE PARK, MN 56554 save an estimated $9,999 compared to a typical 5% commission on the median listing price of $499,925. 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.