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SAINT PETER, MN 56082

Real Estate Market Report  ·  Nicollet County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The SAINT PETER, MN real estate market (56082) currently shows 21 active listings, with 8 pending sales. Homes are averaging 76 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 76 days on market compared to 67 days last year.

The median listing price has risen 14.9% year-over-year, from $317,975 to $365,450.

Whether you are buying or selling in SAINT PETER, 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: 14,544  ·  Density: 45.2/mi²  ·  Median household income: $77,737

Typical home value: $245,881  ·  Homeownership: 68.0%

Market Overview

Active Listings
21
⇩ 25% vs 28 last year
Pending
8
38% pending ratio
Median Price
$365,450
⇧ 14.9% vs $317,975 last year
Average Price
$366,434
⇧ 8.7% vs $337,194 last year
Days on Market
76
⇧ 13.4% vs 67 days last year

Price Per Square Foot

Median $/sqft
$177
⇧ 31.1% vs $135/sqft last year
Median Home Size
2,444 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 28 last year
  • Days on market: 76 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $365,450 (+14.9% YoY)
  • Average: $366,434 (+8.7% 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 23.6 miles — 275 listings ($101,380,550 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56082Saint Peter, MN 560820.0 mi25$8,276,975$325,000$331,079
56074Nicollet, MN 560748.6 mi5$1,839,875$381,950$367,975
56003Mankato, MN 5600310.0 mi27$11,610,000$359,900$430,000
56063Madison Lake, MN 5606314.1 mi16$7,140,656$286,950$446,291
56044Henderson, MN 5604415.3 mi3$1,044,000$360,000$348,000
56001Mankato, MN 5600115.5 mi108$42,899,976$319,900$397,222
56024Eagle Lake, MN 5602417.0 mi12$5,391,756$424,900$449,313
56054Lafayette, MN 5605417.6 mi4$872,000$220,000$218,000
56055Lake Crystal, MN 5605518.8 mi17$4,326,194$219,900$254,482
55396Winthrop, MN 5539621.2 mi9$1,836,774$219,900$204,086
56073New Ulm, MN 5607321.8 mi33$10,718,895$299,900$324,815
56096Waterville, MN 5609622.7 mi13$4,285,099$267,450$329,623
56052Kilkenny, MN 5605223.6 mi3$1,138,350$379,450$379,450

Frequently Asked Questions

How many homes are for sale in SAINT PETER, MN 56082?

As of February 2026, there are 21 active listings in SAINT PETER, MN (zip code 56082), compared to 28 the prior year.

What is the median home price in SAINT PETER, MN 56082?

The median listing price in SAINT PETER, MN 56082 is $365,450 as of February 2026, a 14.9% increase from $317,975 the prior year.

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

Homes in SAINT PETER, MN 56082 spend an average of 76 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in SAINT PETER, MN 56082?

Based on current inventory and days-on-market data as of February 2026, SAINT PETER, MN 56082 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 76 days on market compared to 67 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SAINT PETER, MN 56082 save an estimated $7,309 compared to a typical 5% commission on the median listing price of $365,450. 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.