Pelican Rapids, MN
Housing market overview · Updated weekly
$257,500median sale price
Homes sold
2
Last 12 weeks
Days on market
138
Average pace
Active listings
9
4.5 months supply
Sale-to-list
97.6%
Below asking
The Pelican Rapids housing market is currently classified as a leaning buyer's with a median sale price of $257,500. Prices have risen 68.6% compared to last year, with homes spending an average of 138 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Pelican Rapids
There are currently 9 homes listed for sale in Pelican Rapids, Minnesota. The median listing price is $200K.
Active listings
9
Homes on market
Median list price
$200K
Avg. days on market
138
Days until sale
New this week
1
Newly listed
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Frequently asked questions
What is the average home price in Pelican Rapids?
The median home sale price in Pelican Rapids is $257,500, up 68.6% from last year.
How long do homes stay on market in Pelican Rapids?
Homes typically spend 138 days on market before going under contract.
Is Pelican Rapids a buyer's or seller's market?
With 4.5 months of supply, Pelican Rapids is currently a leaning buyer's.
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