Data as of September 2026. Source: Realtor.com.
The PELICAN RAPIDS, MN real estate market (56572) currently shows 43 active listings, with 8 pending sales. Homes are averaging 90 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 90 days on market compared to 65 days last year.
The median listing price has risen 11% year-over-year, from $625,000 to $693,500.
Population: 5,854 · Density: 13.2/mi² · Median household income: $73,609
Typical home value: $266,163 · Homeownership: 82.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56572 | Pelican Rapids, MN 56572 | 0.0 mi | 19 | $14,701,478 | $427,500 | $773,762 |
| 56587 | Vergas, MN 56587 | 10.9 mi | 3 | $1,608,900 | $489,000 | $536,300 |
| 56533 | Elizabeth, MN 56533 | 14.2 mi | 1 | $179,000 | $179,000 | $179,000 |
| 56514 | Barnesville, MN 56514 | 16.8 mi | 14 | $5,154,576 | $325,250 | $368,184 |
| 56554 | Lake Park, MN 56554 | 19.3 mi | 8 | $3,659,960 | $505,500 | $457,495 |
| 56501 | Detroit Lakes, MN 56501 | 20.3 mi | 83 | $49,518,049 | $451,975 | $596,603 |
| 56537 | Fergus Falls, MN 56537 | 22.7 mi | 37 | $12,756,231 | $336,250 | $344,763 |
| 56573 | Perham, MN 56573 | 25.4 mi | 29 | $29,169,795 | $367,750 | $1,005,855 |
| 56580 | Sabin, MN 56580 | 26.5 mi | 4 | $1,934,800 | $373,650 | $483,700 |
| 56571 | Ottertail, MN 56571 | 28.5 mi | 15 | $5,498,250 | $353,500 | $366,550 |
| 56547 | Glyndon, MN 56547 | 29.5 mi | 16 | $6,517,456 | $401,175 | $407,341 |
| 56578 | Rochert, MN 56578 | 30.1 mi | 2 | $999,500 | $499,750 | $499,750 |
| 56525 | Comstock, MN 56525 | 31.9 mi | 1 | $68,900 | $68,900 | $68,900 |
As of September 2026, there are 43 active listings in PELICAN RAPIDS, MN (zip code 56572), compared to 49 the prior year.
The median listing price in PELICAN RAPIDS, MN 56572 is $693,500 as of September 2026, a 11% increase from $625,000 the prior year.
Homes in PELICAN RAPIDS, MN 56572 spend an average of 90 days on the market before going under contract, compared to 65 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PELICAN RAPIDS, MN 56572 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 90 days on market compared to 65 days last year.
With SELL123.com's maximum 3% commission, sellers in PELICAN RAPIDS, MN 56572 save an estimated $13,870 compared to a typical 5% commission on the median listing price of $693,500. 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.