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WANNASKA, MN 56761

Real Estate Market Report  ·  Roseau County
Seller's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The WANNASKA, MN real estate market (56761) currently shows 3 active listings, with 1 pending sales. Homes are averaging 92 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 92 days on market compared to 309 days last year.

The median listing price has fallen 19.4% year-over-year, from $309,950 to $249,750.

Whether you are buying or selling in WANNASKA, 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: 388  ·  Density: 1.5/mi²  ·  Median household income: $61,875

Typical home value: $158,967  ·  Homeownership: 96.3%

Market Overview

Active Listings
3
⇩ 25% vs 4 last year
Pending
1
33% pending ratio
Median Price
$249,750
⇩ 19.4% vs $309,950 last year
Average Price
$249,750
⇩ 19.4% vs $309,950 last year
Days on Market
92
⇩ 70.2% vs 309 days last year

Price Per Square Foot

Median $/sqft
$127
⇩ 15.9% vs $151/sqft last year
Median Home Size
2,087 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 4 last year
  • Days on market: 92 now vs 309 last year

Median & Average Pricing

Year over Year
  • Median: $249,750 (-19.4% YoY)
  • Average: $249,750 (-19.4% 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 57.0 miles — 154 listings ($35,639,792 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56761Wannaska, MN 567610.0 mi3$772,401$267,400$257,467
56751Roseau, MN 5675114.2 mi27$6,638,220$229,600$245,860
56737Middle River, MN 5673719.8 mi2$179,800$89,900$89,900
56763Warroad, MN 5676321.3 mi27$8,626,392$269,225$319,496
56726Greenbush, MN 5672625.5 mi2$149,800$74,900$74,900
56725Goodridge, MN 5672531.9 mi3$831,999$275,000$277,333
56732Karlstad, MN 5673236.4 mi6$1,232,490$214,975$205,415
56701Thief River Falls, MN 5670140.9 mi66$13,777,830$181,075$208,755
56742Oklee, MN 5674247.4 mi1$215,000$215,000$215,000
56748Plummer, MN 5674849.7 mi1$236,000$236,000$236,000
56713Argyle, MN 5671354.5 mi4$662,260$163,675$165,565
56715Brooks, MN 5671556.7 mi1$298,000$298,000$298,000
56750Red Lake Falls, MN 5675057.0 mi11$2,019,600$133,950$183,600

Frequently Asked Questions

How many homes are for sale in WANNASKA, MN 56761?

As of April 2026, there are 3 active listings in WANNASKA, MN (zip code 56761), compared to 4 the prior year.

What is the median home price in WANNASKA, MN 56761?

The median listing price in WANNASKA, MN 56761 is $249,750 as of April 2026, a 19.4% decrease from $309,950 the prior year.

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

Homes in WANNASKA, MN 56761 spend an average of 92 days on the market before going under contract, compared to 309 days the prior year.

Is it a seller's or buyer's market in WANNASKA, MN 56761?

Based on current inventory and days-on-market data as of April 2026, WANNASKA, MN 56761 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 92 days on market compared to 309 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WANNASKA, MN 56761 save an estimated $4,995 compared to a typical 5% commission on the median listing price of $249,750. 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.