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KARLSTAD, MN 56732

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

Market Overview

Active Listings
5
vs 5 last year
Pending
1
20% pending ratio
Median Price
$214,950
⇩ 13.8% vs $249,450 last year
Average Price
$204,350
⇩ 18.1% vs $249,450 last year
Days on Market
155
⇧ 103.9% vs 76 days last year

Market Context

Population: 1,006  ·  Density: 2.4/mi²  ·  Median household income: $59,079

Typical home value: $126,460  ·  Homeownership: 77.5%

Market Analysis

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

The KARLSTAD, MN real estate market (56732) currently shows 5 active listings, with 1 pending sales. Homes are averaging 155 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 155 days on market compared to 76 days last year.

The median listing price has fallen 13.8% year-over-year, from $249,450 to $214,950.

Whether you are buying or selling in KARLSTAD, 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
  • Days on market: 155 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $214,950 (-13.8% YoY)
  • Average: $204,350 (-18.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 48.9 miles — 94 listings ($22,626,613 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56732Karlstad, MN 567320.0 mi5$1,021,750$214,950$204,350
56738Newfolden, MN 5673818.2 mi2$549,000$274,500$274,500
56713Argyle, MN 5671322.2 mi6$1,097,640$169,900$182,940
56714Badger, MN 5671426.2 mi6$1,014,900$135,000$169,150
56762Warren, MN 5676231.0 mi5$854,665$115,000$170,933
56710Alvarado, MN 5671034.5 mi1$170,000$170,000$170,000
56724Gatzke, MN 5672436.1 mi1$264,900$264,900$264,900
56751Roseau, MN 5675136.7 mi22$5,885,132$254,900$267,506
56722Euclid, MN 5672242.3 mi1$75,000$75,000$75,000
58237Grafton, ND 5823743.3 mi11$1,944,943$146,500$176,813
58261Minto, ND 5826145.5 mi3$562,401$237,500$187,467
56721East Grand Forks, MN 5672147.3 mi20$7,115,840$319,900$355,792
56750Red Lake Falls, MN 5675048.9 mi11$2,070,442$129,000$188,222

Frequently Asked Questions

How many homes are for sale in KARLSTAD, MN 56732?

As of January 2026, there are 5 active listings in KARLSTAD, MN (zip code 56732), compared to 5 the prior year.

What is the median home price in KARLSTAD, MN 56732?

The median listing price in KARLSTAD, MN 56732 is $214,950 as of January 2026, a 13.8% decrease from $249,450 the prior year.

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

Homes in KARLSTAD, MN 56732 spend an average of 155 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in KARLSTAD, MN 56732?

Based on current inventory and days-on-market data as of January 2026, KARLSTAD, MN 56732 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 155 days on market compared to 76 days last year.

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

With SELL123.com's maximum 3% commission, sellers in KARLSTAD, MN 56732 save an estimated $4,299 compared to a typical 5% commission on the median listing price of $214,950. 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.