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PERLEY, MN 56574

Real Estate Market Report  ·  Norman County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
0
0% pending ratio
Median Price
$209,750
⇩ 60.4% vs $529,900 last year
Average Price
$209,750
⇩ 60.4% vs $529,900 last year
Days on Market
74
⇩ 12.9% vs 85 days last year

Market Context

Population: 282  ·  Density: 1.6/mi²  ·  Median household income: $91,250

Typical home value: $139,252  ·  Homeownership: 99.1%

Market Analysis

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

The PERLEY, MN real estate market (56574) currently shows 2 active listings. Homes are averaging 74 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 74 days on market compared to 85 days last year.

The median listing price has fallen 60.4% year-over-year, from $529,900 to $209,750.

Whether you are buying or selling in PERLEY, 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: 74 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $209,750 (-60.4% YoY)
  • Average: $209,750 (-60.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 31.8 miles — 530 listings ($227,916,048 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56574Perley, MN 565740.0 mi2$419,500$209,750$209,750
56519Borup, MN 5651910.5 mi2$330,000$165,000$165,000
56536Felton, MN 5653613.4 mi0$0$115,000$115,000
58005Argusville, ND 5800515.6 mi1$349,900$349,900$349,900
58045Hillsboro, ND 5804519.7 mi6$1,311,402$232,500$218,567
56584Twin Valley, MN 5658422.0 mi1$209,900$209,900$209,900
56547Glyndon, MN 5654722.6 mi16$6,349,728$417,400$396,858
58103Fargo, ND 5810324.5 mi113$37,672,279$275,000$333,383
56560Moorhead, MN 5656025.2 mi179$59,281,399$314,900$331,181
58223Cummings, ND 5822326.4 mi1$235,000$235,000$235,000
58104Fargo, ND 5810428.9 mi194$113,914,472$449,950$587,188
56523Climax, MN 5652330.6 mi2$289,000$144,500$144,500
58059Mapleton, ND 5805931.8 mi13$7,553,468$599,900$581,036

Frequently Asked Questions

How many homes are for sale in PERLEY, MN 56574?

As of January 2026, there are 2 active listings in PERLEY, MN (zip code 56574), compared to 1 the prior year.

What is the median home price in PERLEY, MN 56574?

The median listing price in PERLEY, MN 56574 is $209,750 as of January 2026, a 60.4% decrease from $529,900 the prior year.

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

Homes in PERLEY, MN 56574 spend an average of 74 days on the market before going under contract, compared to 85 days the prior year.

Is it a seller's or buyer's market in PERLEY, MN 56574?

Based on current inventory and days-on-market data as of January 2026, PERLEY, MN 56574 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 74 days on market compared to 85 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PERLEY, MN 56574 save an estimated $4,195 compared to a typical 5% commission on the median listing price of $209,750. 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.