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COKATO, MN 55321

Real Estate Market Report  ·  Wright County
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The COKATO, MN real estate market (55321) currently shows 9 active listings, with 3 pending sales. Homes are averaging 26 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 26 days on market compared to 40 days last year.

The median listing price has risen 19.4% year-over-year, from $304,950 to $364,113.

Whether you are buying or selling in COKATO, 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: 5,473  ·  Density: 26.1/mi²  ·  Median household income: $76,287

Typical home value: $247,781  ·  Homeownership: 78.7%

Market Overview

Active Listings
9
⇩ 10% vs 10 last year
Pending
3
33% pending ratio
Median Price
$364,113
⇧ 19.4% vs $304,950 last year
Average Price
$323,663
⇩ 27.1% vs $443,800 last year
Days on Market
26
⇩ 35% vs 40 days last year

Price Per Square Foot

Median $/sqft
$170
⇩ 40.1% vs $284/sqft last year
Median Home Size
2,044 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 10 last year
  • Days on market: 26 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $364,113 (+19.4% YoY)
  • Average: $323,663 (-27.1% 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 22.4 miles — 219 listings ($115,679,883 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55321Cokato, MN 553210.0 mi9$2,937,501$364,450$326,389
55325Dassel, MN 553256.2 mi10$4,094,000$399,900$409,400
55381Silver Lake, MN 5538110.8 mi5$2,691,500$334,950$538,300
55324Darwin, MN 5532411.5 mi1$529,900$529,900$529,900
55363Montrose, MN 5536313.9 mi30$11,059,170$396,900$368,639
55354Lester Prairie, MN 5535415.0 mi4$1,339,600$334,900$334,900
55350Hutchinson, MN 5535016.2 mi39$17,305,431$350,000$443,729
55367New Germany, MN 5536717.1 mi2$1,950,000$975,000$975,000
55360Mayer, MN 5536017.8 mi14$6,026,230$429,990$430,445
55328Delano, MN 5532819.1 mi68$50,289,400$500,000$739,550
55388Watertown, MN 5538819.3 mi21$9,154,551$424,900$435,931
55320Clearwater, MN 5532022.2 mi11$6,752,900$499,900$613,900
55397Young America, MN 5539722.4 mi5$1,549,700$330,000$309,940

Frequently Asked Questions

How many homes are for sale in COKATO, MN 55321?

As of February 2026, there are 9 active listings in COKATO, MN (zip code 55321), compared to 10 the prior year.

What is the median home price in COKATO, MN 55321?

The median listing price in COKATO, MN 55321 is $364,113 as of February 2026, a 19.4% increase from $304,950 the prior year.

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

Homes in COKATO, MN 55321 spend an average of 26 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in COKATO, MN 55321?

Based on current inventory and days-on-market data as of February 2026, COKATO, MN 55321 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 26 days on market compared to 40 days last year.

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

With SELL123.com's maximum 3% commission, sellers in COKATO, MN 55321 save an estimated $7,282 compared to a typical 5% commission on the median listing price of $364,113. 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.