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OKLEE, MN 56742

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

Market Analysis

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

The OKLEE, MN real estate market (56742) currently shows 1 active listings, with 1 pending sales. Homes are averaging 148 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 148 days on market compared to 170 days last year.

The median listing price has risen 187% year-over-year, from $74,900 to $215,000.

Whether you are buying or selling in OKLEE, 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: 834  ·  Density: 2.9/mi²  ·  Median household income: $80,500

Typical home value: $126,270  ·  Homeownership: 87.0%

Market Overview

Active Listings
1
vs 1 last year
Pending
1
100% pending ratio
Median Price
$215,000
⇧ 187% vs $74,900 last year
Average Price
$215,000
⇧ 187% vs $74,900 last year
Days on Market
148
⇩ 12.9% vs 170 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 148 now vs 170 last year

Median & Average Pricing

Year over Year
  • Median: $215,000 (+187% YoY)
  • Average: $215,000 (+187% 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 42.9 miles — 113 listings ($31,871,242 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56742Oklee, MN 567420.0 mi1$215,000$215,000$215,000
56715Brooks, MN 5671510.3 mi1$298,000$298,000$298,000
56754Saint Hilaire, MN 5675417.3 mi0$0$145,000$145,000
56556Mcintosh, MN 5655618.4 mi7$1,132,460$185,000$161,780
56701Thief River Falls, MN 5670122.0 mi66$13,777,830$181,075$208,755
56736Mentor, MN 5673623.3 mi9$4,063,986$361,750$451,554
56634Clearbrook, MN 5663425.7 mi4$430,000$107,500$107,500
56540Fertile, MN 5654034.0 mi6$1,153,800$199,999$192,300
56651Lengby, MN 5665135.1 mi1$674,250$674,250$674,250
56724Gatzke, MN 5672436.0 mi1$264,900$264,900$264,900
56738Newfolden, MN 5673837.3 mi2$475,900$237,950$237,950
56621Bagley, MN 5662140.5 mi12$7,930,116$457,400$660,843
56667Puposky, MN 5666742.9 mi3$1,455,000$485,000$485,000

Frequently Asked Questions

How many homes are for sale in OKLEE, MN 56742?

As of March 2026, there are 1 active listings in OKLEE, MN (zip code 56742), compared to 1 the prior year.

What is the median home price in OKLEE, MN 56742?

The median listing price in OKLEE, MN 56742 is $215,000 as of March 2026, a 187% increase from $74,900 the prior year.

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

Homes in OKLEE, MN 56742 spend an average of 148 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 OKLEE, MN 56742?

Based on current inventory and days-on-market data as of March 2026, OKLEE, MN 56742 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 148 days on market compared to 170 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OKLEE, MN 56742 save an estimated $4,300 compared to a typical 5% commission on the median listing price of $215,000. 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.