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KELLIHER, MN 56650

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The KELLIHER, MN real estate market (56650) currently shows 5 active listings, with 2 pending sales. Homes are averaging 52 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 52 days on market compared to 170 days last year.

The median listing price has fallen 24.9% year-over-year, from $304,350 to $228,675.

Whether you are buying or selling in KELLIHER, 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 Context

Market Context

Population: 958  ·  Density: 2.1/mi²  ·  Median household income: $73,125

Typical home value: $163,249  ·  Homeownership: 90.0%

Market Overview

Active Listings
5
⇧ 25% vs 4 last year
Pending
2
40% pending ratio
Median Price
$228,675
⇩ 24.9% vs $304,350 last year
Average Price
$229,317
⇩ 25.1% vs $306,275 last year
Days on Market
52
⇩ 69.4% vs 170 days last year

Price Per Square Foot

Median $/sqft
$187
⇧ 42.7% vs $131/sqft last year
Median Home Size
1,200 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 4 last year
  • Days on market: 52 now vs 170 last year

Median & Average Pricing

Year over Year
  • Median: $228,675 (-24.9% YoY)
  • Average: $229,317 (-25.1% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 52.5 miles — 226 listings ($81,510,078 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56650Kelliher, MN 566500.0 mi5$1,143,500$227,450$228,700
56630Blackduck, MN 5663017.8 mi5$1,147,790$172,450$229,558
56683Tenstrike, MN 5668321.0 mi2$1,078,900$539,450$539,450
56661Northome, MN 5666122.4 mi5$2,691,250$264,500$538,250
56627Big Falls, MN 5662727.7 mi1$155,000$155,000$155,000
56601Bemidji, MN 5660136.3 mi134$51,534,524$339,475$384,586
56680Spring Lake, MN 5668037.1 mi1$294,000$294,000$294,000
56623Baudette, MN 5662341.4 mi23$6,092,585$249,000$264,895
56654Loman, MN 5665443.5 mi1$459,000$459,000$459,000
56727Grygla, MN 5672745.0 mi1$85,000$85,000$85,000
56633Cass Lake, MN 5663346.9 mi24$8,993,352$236,000$374,723
56639Effie, MN 5663948.1 mi5$2,565,375$238,700$513,075
56636Deer River, MN 5663652.5 mi19$5,269,802$217,500$277,358

Frequently Asked Questions

How many homes are for sale in KELLIHER, MN 56650?

As of March 2026, there are 5 active listings in KELLIHER, MN (zip code 56650), compared to 4 the prior year.

What is the median home price in KELLIHER, MN 56650?

The median listing price in KELLIHER, MN 56650 is $228,675 as of March 2026, a 24.9% decrease from $304,350 the prior year.

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

Homes in KELLIHER, MN 56650 spend an average of 52 days on the market before going under contract, compared to 170 days the prior year.

Is it a seller's or buyer's market in KELLIHER, MN 56650?

Based on current inventory and days-on-market data as of March 2026, KELLIHER, MN 56650 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 52 days on market compared to 170 days last year.

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

With SELL123.com's maximum 3% commission, sellers in KELLIHER, MN 56650 save an estimated $4,574 compared to a typical 5% commission on the median listing price of $228,675. 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.