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OGEMA, MN 56569

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

Market Analysis

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

The OGEMA, MN real estate market (56569) currently shows 7 active listings, with 3 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 45 days on market compared to 71 days last year.

The median listing price has fallen 7.4% year-over-year, from $479,500 to $444,000.

Whether you are buying or selling in OGEMA, 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: 1,275  ·  Density: 3.1/mi²  ·  Median household income: $57,500

Typical home value: $178,170  ·  Homeownership: 83.7%

Market Overview

Active Listings
7
⇧ 75% vs 4 last year
Pending
3
43% pending ratio
Median Price
$444,000
⇩ 7.4% vs $479,500 last year
Average Price
$473,000
⇩ 1.4% vs $479,500 last year
Days on Market
45
⇩ 36.6% vs 71 days last year

Price Per Square Foot

Median $/sqft
$391
⇧ 116% vs $181/sqft last year
Median Home Size
1,415 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 4 last year
  • Days on market: 45 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $444,000 (-7.4% YoY)
  • Average: $473,000 (-1.4% 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
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 37.6 miles — 86 listings ($40,975,901 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56569Ogema, MN 565690.0 mi4$1,475,884$391,500$368,971
56589Waubun, MN 565898.6 mi8$2,383,520$234,750$297,940
56566Naytahwaush, MN 5656615.4 mi1$524,000$524,000$524,000
56557Mahnomen, MN 5655717.3 mi8$1,459,088$229,900$182,386
56575Ponsford, MN 5657518.5 mi2$854,000$427,000$427,000
56585Ulen, MN 5658520.0 mi2$1,597,000$798,500$798,500
56544Frazee, MN 5654424.2 mi11$4,267,791$359,761$387,981
56651Lengby, MN 5665126.9 mi1$674,250$674,250$674,250
56621Bagley, MN 5662129.9 mi12$7,930,116$457,400$660,843
56519Borup, MN 5651931.9 mi2$330,000$165,000$165,000
56542Fosston, MN 5654234.3 mi9$1,666,854$188,200$185,206
56572Pelican Rapids, MN 5657234.9 mi19$14,701,478$427,500$773,762
56528Dent, MN 5652837.6 mi7$3,111,920$499,900$444,560

Frequently Asked Questions

How many homes are for sale in OGEMA, MN 56569?

As of March 2026, there are 7 active listings in OGEMA, MN (zip code 56569), compared to 4 the prior year.

What is the median home price in OGEMA, MN 56569?

The median listing price in OGEMA, MN 56569 is $444,000 as of March 2026, a 7.4% decrease from $479,500 the prior year.

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

Homes in OGEMA, MN 56569 spend an average of 45 days on the market before going under contract, compared to 71 days the prior year.

Is it a seller's or buyer's market in OGEMA, MN 56569?

Based on current inventory and days-on-market data as of March 2026, OGEMA, MN 56569 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 71 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OGEMA, MN 56569 save an estimated $8,880 compared to a typical 5% commission on the median listing price of $444,000. 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.