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PLUMMER, MN 56748

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

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$236,000
⇩ 5.6% vs $250,000 last year
Average Price
$236,000
⇩ 5.6% vs $250,000 last year
Days on Market
46
⇩ 16.4% vs 55 days last year

Market Context

Population: 608  ·  Density: 2.7/mi²  ·  Median household income: $83,750

Typical home value: $155,726  ·  Homeownership: 76.7%

Market Analysis

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

The PLUMMER, MN real estate market (56748) currently shows 1 active listings. Homes are averaging 46 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 46 days on market compared to 55 days last year.

The median listing price has fallen 5.6% year-over-year, from $250,000 to $236,000.

Whether you are buying or selling in PLUMMER, 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: 46 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $236,000 (-5.6% YoY)
  • Average: $236,000 (-5.6% 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 43.4 miles — 83 listings ($22,760,589 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56748Plummer, MN 567480.0 mi1$236,000$236,000$236,000
56750Red Lake Falls, MN 5675013.8 mi11$2,070,442$129,000$188,222
56535Erskine, MN 5653517.0 mi6$3,712,620$439,000$618,770
56556Mcintosh, MN 5655618.6 mi7$1,148,469$185,000$164,067
56644Gonvick, MN 5664424.9 mi5$1,633,335$385,000$326,667
56542Fosston, MN 5654227.8 mi10$2,170,220$195,900$217,022
56540Fertile, MN 5654029.0 mi6$1,191,000$199,999$198,500
56634Clearbrook, MN 5663432.5 mi3$945,000$315,000$315,000
56737Middle River, MN 5673733.9 mi2$431,800$215,900$215,900
56762Warren, MN 5676237.9 mi5$854,665$115,000$170,933
56724Gatzke, MN 5672438.3 mi1$264,900$264,900$264,900
56557Mahnomen, MN 5655742.0 mi6$986,298$159,900$164,383
56721East Grand Forks, MN 5672143.4 mi20$7,115,840$319,900$355,792

Frequently Asked Questions

How many homes are for sale in PLUMMER, MN 56748?

As of January 2026, there are 1 active listings in PLUMMER, MN (zip code 56748), compared to 1 the prior year.

What is the median home price in PLUMMER, MN 56748?

The median listing price in PLUMMER, MN 56748 is $236,000 as of January 2026, a 5.6% decrease from $250,000 the prior year.

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

Homes in PLUMMER, MN 56748 spend an average of 46 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in PLUMMER, MN 56748?

Based on current inventory and days-on-market data as of January 2026, PLUMMER, MN 56748 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 46 days on market compared to 55 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PLUMMER, MN 56748 save an estimated $4,720 compared to a typical 5% commission on the median listing price of $236,000. 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.