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Featured local agent — Parkers Prairie, MN
Sarah Mitchell
Compass Real Estate · Parkers Prairie, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Parkers Prairie, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$312,500median sale price
How is the Parkers Prairie, MN housing market right now?
The median home sale price in Parkers Prairie, MN is $312,500, up 85.9% year-over-year. Homes sell in an average of 72 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Parkers Prairie a buyer's or seller's market?
Parkers Prairie, MN is currently a seller's market, based on 1.5 months of supply and homes selling in about 72 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
72
Average pace
Active listings
3
1.5 months supply
Sale-to-list
101.1%
Above asking
What does the Parkers Prairie housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $312,500 |
| Median list price | $344,950 |
| Year-over-year price change | +85.9% |
| Average days on market | 72 days |
| Active inventory | 3 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 101.1% |
| Median price per sq ft | $123/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 66.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Parkers Prairie by property type?
How the Parkers Prairie, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $312,500 | $123/sq ft | 2 | 72 days |
| Townhouse | $327,000 | $181/sq ft | 2 | 231 days |
Source: Redfin · Updated monthly
The Parkers Prairie housing market is currently classified as a seller's market with a median sale price of $312,500. Prices have risen 85.9% compared to last year, with homes spending an average of 72 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Parkers Prairie
There are currently 3 homes listed for sale in Parkers Prairie, Minnesota. The median listing price is $345K.
Active listings
3
Homes on market
Median list price
$345K
Avg. days on market
72
Days until sale
New this week
2
Newly listed
Who lives in Parkers Prairie?
Population
1,089
Median income
$58,750/yr
Median age
46.8 years
Owner-occupied
76.0%
College grads
10.8%
Avg commute
25.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Parkers Prairie?
Zillow home value
$186,888
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Parkers Prairie?
Parkers Prairie is a community of approximately 1K residents with a median age of 46.8 years.The median household income is $58,750, which represents a working-class community with solid middle-income opportunities. 10.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 76.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Parkers Prairie offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Parkers Prairie?
2 schools tracked · 535 students
The largest public schools serving Parkers Prairie, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
PARKERS PRAIRIE SECONDARY
Grades 7-12 · 278 students
PARKERS PRAIRIE ELEMENTARY
Grades PK-6 · 257 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Parkers Prairie, MN?
Want a head-to-head view? Compare Parkers Prairie side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Parkers Prairie?
The median home sale price in Parkers Prairie is $312,500, up 85.9% from last year.
How long do homes stay on market in Parkers Prairie?
Homes typically spend 72 days on market before going under contract.
What is the median income in Parkers Prairie?
The median household income is $58,750 per year.
Is Parkers Prairie a buyer's or seller's market?
With 1.5 months of supply, Parkers Prairie is currently a seller's market.
What is the Zillow home value estimate for Parkers Prairie?
The Zillow Home Value Index (ZHVI) for Parkers Prairie is $186,888, representing the typical home value in the area.
How much does a single-family home cost in Parkers Prairie?
The median single-family home price in Parkers Prairie, MN is $312,500 (about $123 per square foot).
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