Data as of September 2026. Source: Realtor.com.
The KARLSTAD, MN real estate market (56732) currently shows 9 active listings, with 1 pending sales. Homes are averaging 138 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 138 days on market compared to 148 days last year.
The median listing price has fallen 26.3% year-over-year, from $214,950 to $158,450.
Population: 1,006 · Density: 2.4/mi² · Median household income: $59,079
Typical home value: $126,460 · Homeownership: 77.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56732 | Karlstad, MN 56732 | 0.0 mi | 6 | $1,232,490 | $214,975 | $205,415 |
| 56738 | Newfolden, MN 56738 | 18.2 mi | 2 | $475,900 | $237,950 | $237,950 |
| 56757 | Stephen, MN 56757 | 20.4 mi | 1 | $149,900 | $149,900 | $149,900 |
| 56737 | Middle River, MN 56737 | 25.2 mi | 2 | $179,800 | $89,900 | $89,900 |
| 56728 | Hallock, MN 56728 | 26.6 mi | 3 | $917,001 | $359,000 | $305,667 |
| 58225 | Drayton, ND 58225 | 33.2 mi | 4 | $337,252 | $82,625 | $84,313 |
| 56701 | Thief River Falls, MN 56701 | 34.9 mi | 66 | $13,777,830 | $181,075 | $208,755 |
| 56761 | Wannaska, MN 56761 | 36.4 mi | 3 | $772,401 | $267,400 | $257,467 |
| 56744 | Oslo, MN 56744 | 37.4 mi | 2 | $699,800 | $349,900 | $349,900 |
| 58271 | Pembina, ND 58271 | 42.5 mi | 4 | $682,668 | $175,000 | $170,667 |
| 56754 | Saint Hilaire, MN 56754 | 43.6 mi | 0 | $0 | $145,000 | $145,000 |
| 56725 | Goodridge, MN 56725 | 47.3 mi | 3 | $831,999 | $275,000 | $277,333 |
| 56756 | Salol, MN 56756 | 47.5 mi | 2 | $559,400 | $279,700 | $279,700 |
As of September 2026, there are 9 active listings in KARLSTAD, MN (zip code 56732), compared to 6 the prior year.
The median listing price in KARLSTAD, MN 56732 is $158,450 as of September 2026, a 26.3% decrease from $214,950 the prior year.
Homes in KARLSTAD, MN 56732 spend an average of 138 days on the market before going under contract, compared to 148 days the prior year.
Based on current inventory and days-on-market data as of September 2026, KARLSTAD, MN 56732 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 138 days on market compared to 148 days last year.
With SELL123.com's maximum 3% commission, sellers in KARLSTAD, MN 56732 save an estimated $3,169 compared to a typical 5% commission on the median listing price of $158,450. 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.