Population: 5,854 · Density: 13.2/mi² · Median household income: $73,609
Typical home value: $266,163 · Homeownership: 82.8%
Data as of January 2026. Source: Realtor.com.
The PELICAN RAPIDS, MN real estate market (56572) currently shows 20 active listings, with 3 pending sales. Homes are averaging 82 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 selling faster, averaging 82 days on market compared to 85 days last year.
The median listing price has risen 27.1% year-over-year, from $358,100 to $455,000.
Whether you are buying or selling in PELICAN RAPIDS, 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 $ |
|---|---|---|---|---|---|---|
| 56572 | Pelican Rapids, MN 56572 | 0.0 mi | 20 | $15,220,120 | $455,000 | $761,006 |
| 56587 | Vergas, MN 56587 | 10.9 mi | 3 | $1,638,000 | $489,000 | $546,000 |
| 56533 | Elizabeth, MN 56533 | 14.2 mi | 1 | $179,000 | $179,000 | $179,000 |
| 56514 | Barnesville, MN 56514 | 16.8 mi | 15 | $4,897,650 | $287,950 | $326,510 |
| 56554 | Lake Park, MN 56554 | 19.3 mi | 8 | $3,489,024 | $499,000 | $436,128 |
| 56501 | Detroit Lakes, MN 56501 | 20.3 mi | 72 | $39,295,440 | $415,000 | $545,770 |
| 56537 | Fergus Falls, MN 56537 | 22.7 mi | 37 | $12,351,488 | $330,000 | $333,824 |
| 56573 | Perham, MN 56573 | 25.4 mi | 29 | $29,047,444 | $369,500 | $1,001,636 |
| 56580 | Sabin, MN 56580 | 26.5 mi | 4 | $2,229,800 | $557,450 | $557,450 |
| 56515 | Battle Lake, MN 56515 | 28.1 mi | 16 | $6,298,928 | $259,900 | $393,683 |
| 56521 | Callaway, MN 56521 | 28.5 mi | 2 | $548,900 | $274,450 | $274,450 |
| 56520 | Breckenridge, MN 56520 | 29.7 mi | 25 | $7,023,225 | $279,900 | $280,929 |
| 56324 | Dalton, MN 56324 | 31.7 mi | 1 | $427,450 | $427,450 | $427,450 |
As of January 2026, there are 20 active listings in PELICAN RAPIDS, MN (zip code 56572), compared to 19 the prior year.
The median listing price in PELICAN RAPIDS, MN 56572 is $455,000 as of January 2026, a 27.1% increase from $358,100 the prior year.
Homes in PELICAN RAPIDS, MN 56572 spend an average of 82 days on the market before going under contract, compared to 85 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PELICAN RAPIDS, MN 56572 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 82 days on market compared to 85 days last year.
With SELL123.com's maximum 3% commission, sellers in PELICAN RAPIDS, MN 56572 save an estimated $9,100 compared to a typical 5% commission on the median listing price of $455,000. 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.