Brokers — List your Company Here
Featured local agent — Peterson, MN
Sarah Mitchell
Compass Real Estate · Peterson, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Peterson, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$175,000median sale price
How is the Peterson, MN housing market right now?
The median home sale price in Peterson, MN is $175,000. Homes sell in an average of 38 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of February 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Peterson a buyer's or seller's market?
Peterson, MN is currently a balanced market and homes selling in about 38 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
38
Average pace
Active listings
—
Sale-to-list
97.8%
Below asking
What does the Peterson housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $175,000 |
| Average days on market | 38 days |
| Sale-to-list price ratio | 97.8% |
| Median price per sq ft | $131/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Peterson by property type?
How the Peterson, 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 | $175,000 | $131/sq ft | 1 | 38 days |
Source: Redfin · Updated monthly
The Peterson housing market is currently classified as a balanced market with a median sale price of $175,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 38 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Peterson
Explore homes currently listed for sale in Peterson, Minnesota across major real estate platforms.
Who lives in Peterson?
Population
256
Median income
$66,250/yr
Median age
31.5 years
Owner-occupied
91.8%
College grads
12.9%
Avg commute
29.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Peterson?
Peterson is a community of approximately 0K residents with a median age of 31.5 years.The median household income is $66,250, which represents a working-class community with solid middle-income opportunities. 12.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 91.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Peterson offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Peterson, MN?
Want a head-to-head view? Compare Peterson side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Peterson?
The median home sale price in Peterson is $175,000, down 0.0% from last year.
How long do homes stay on market in Peterson?
Homes typically spend 38 days on market before going under contract.
What is the median income in Peterson?
The median household income is $66,250 per year.
How much does a single-family home cost in Peterson?
The median single-family home price in Peterson, MN is $175,000 (about $131 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Peterson, MN
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Peterson market alerts
Weekly updates on prices, inventory, and trends. Free forever.