Population: 1,716 · Density: 14.3/mi² · Median household income: $85,200
Typical home value: $303,801 · Homeownership: 90.8%
Data as of January 2026. Source: Realtor.com.
The OTTERTAIL, MN real estate market (56571) currently shows 15 active listings, with 3 pending sales. Homes are averaging 105 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 105 days on market compared to 57 days last year.
The median listing price has fallen 28.3% year-over-year, from $444,950 to $319,000.
Whether you are buying or selling in OTTERTAIL, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56571 | Ottertail, MN 56571 | 0.0 mi | 15 | $5,335,500 | $319,000 | $355,700 |
| 56551 | Henning, MN 56551 | 9.3 mi | 8 | $2,741,400 | $264,000 | $342,675 |
| 56527 | Deer Creek, MN 56527 | 11.5 mi | 1 | $169,900 | $169,900 | $169,900 |
| 56515 | Battle Lake, MN 56515 | 12.8 mi | 16 | $6,298,928 | $259,900 | $393,683 |
| 56588 | Vining, MN 56588 | 15.2 mi | 2 | $459,800 | $229,900 | $229,900 |
| 56586 | Underwood, MN 56586 | 16.4 mi | 6 | $1,721,640 | $284,900 | $286,940 |
| 56453 | Hewitt, MN 56453 | 20.0 mi | 3 | $569,850 | $189,950 | $189,950 |
| 56361 | Parkers Prairie, MN 56361 | 21.5 mi | 6 | $2,565,000 | $339,000 | $427,500 |
| 56534 | Erhard, MN 56534 | 22.7 mi | 5 | $2,749,250 | $612,450 | $549,850 |
| 56437 | Bertha, MN 56437 | 26.5 mi | 5 | $1,248,900 | $200,000 | $249,780 |
| 56572 | Pelican Rapids, MN 56572 | 28.4 mi | 20 | $15,220,120 | $455,000 | $761,006 |
| 56481 | Verndale, MN 56481 | 28.9 mi | 3 | $1,975,350 | $417,400 | $658,450 |
| 56533 | Elizabeth, MN 56533 | 29.3 mi | 1 | $179,000 | $179,000 | $179,000 |
As of January 2026, there are 15 active listings in OTTERTAIL, MN (zip code 56571), compared to 17 the prior year.
The median listing price in OTTERTAIL, MN 56571 is $319,000 as of January 2026, a 28.3% decrease from $444,950 the prior year.
Homes in OTTERTAIL, MN 56571 spend an average of 105 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of January 2026, OTTERTAIL, MN 56571 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 105 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in OTTERTAIL, MN 56571 save an estimated $6,380 compared to a typical 5% commission on the median listing price of $319,000. 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.