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OGEMA, MN 56569

Real Estate Market Report  ·  Becker County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
0
0% pending ratio
Median Price
$389,000
⇩ 22% vs $499,000 last year
Average Price
$310,967
⇩ 37.7% vs $499,000 last year
Days on Market
123
⇧ 179.5% vs 44 days last year

Market Context

Population: 1,275  ·  Density: 3.1/mi²  ·  Median household income: $57,500

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

Market Analysis

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

The OGEMA, MN real estate market (56569) currently shows 2 active listings. Homes are averaging 123 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 taking longer to sell, averaging 123 days on market compared to 44 days last year.

The median listing price has fallen 22% year-over-year, from $499,000 to $389,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 123 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $389,000 (-22% YoY)
  • Average: $310,967 (-37.7% 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 34.9 miles — 80 listings ($38,006,319 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56569Ogema, MN 565690.0 mi2$621,934$389,000$310,967
56589Waubun, MN 565898.6 mi8$2,254,000$190,000$281,750
56566Naytahwaush, MN 5656615.4 mi1$524,000$524,000$524,000
56557Mahnomen, MN 5655717.3 mi6$986,298$159,900$164,383
56575Ponsford, MN 5657518.5 mi2$854,000$427,000$427,000
56585Ulen, MN 5658520.0 mi2$1,544,000$772,000$772,000
56544Frazee, MN 5654424.2 mi13$4,917,887$364,523$378,299
56651Lengby, MN 5665126.9 mi2$1,398,500$699,250$699,250
56621Bagley, MN 5662129.9 mi12$7,185,360$309,000$598,780
56519Borup, MN 5651931.9 mi2$330,000$165,000$165,000
56536Felton, MN 5653633.6 mi0$0$115,000$115,000
56542Fosston, MN 5654234.3 mi10$2,170,220$195,900$217,022
56572Pelican Rapids, MN 5657234.9 mi20$15,220,120$455,000$761,006

Frequently Asked Questions

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

As of January 2026, there are 2 active listings in OGEMA, MN (zip code 56569), compared to 1 the prior year.

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

The median listing price in OGEMA, MN 56569 is $389,000 as of January 2026, a 22% decrease from $499,000 the prior year.

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

Homes in OGEMA, MN 56569 spend an average of 123 days on the market before going under contract, compared to 44 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 January 2026, OGEMA, MN 56569 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 123 days on market compared to 44 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 $7,780 compared to a typical 5% commission on the median listing price of $389,000. 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.