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LAKE BENTON, MN 56149

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

Market Analysis

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

The LAKE BENTON, MN real estate market (56149) currently shows 7 active listings, with 2 pending sales. Homes are averaging 76 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 76 days on market compared to 118 days last year.

The median listing price has risen 16.4% year-over-year, from $111,000 to $129,250.

Whether you are buying or selling in LAKE BENTON, 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: 1,135  ·  Density: 3.9/mi²  ·  Median household income: $56,923

Typical home value: $145,209  ·  Homeownership: 78.6%

Market Overview

Active Listings
7
vs 7 last year
Pending
2
29% pending ratio
Median Price
$129,250
⇧ 16.4% vs $111,000 last year
Average Price
$165,753
⇧ 16.5% vs $142,225 last year
Days on Market
76
⇩ 35.6% vs 118 days last year

Price Per Square Foot

Median $/sqft
$124
⇧ 67.6% vs $74/sqft last year
Median Home Size
1,246 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 76 now vs 118 last year

Median & Average Pricing

Year over Year
  • Median: $129,250 (+16.4% YoY)
  • Average: $165,753 (+16.5% 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 32.0 miles — 118 listings ($39,302,792 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56149Lake Benton, MN 561490.0 mi7$1,602,720$89,900$228,960
56113Arco, MN 5611310.4 mi1$14,900$14,900$14,900
56169Russell, MN 5616914.9 mi3$382,500$127,500$127,500
56139Holland, MN 5613915.0 mi2$525,000$262,500$262,500
57276White, SD 5727618.1 mi1$225,000$225,000$225,000
56157Lynd, MN 5615718.8 mi1$1,285,000$1,285,000$1,285,000
56186Woodstock, MN 5618621.8 mi2$99,800$49,900$49,900
56280Porter, MN 5628023.9 mi1$122,500$122,500$122,500
57006Brookings, SD 5700624.3 mi72$28,104,624$354,900$390,342
56151Lake Wilson, MN 5615126.3 mi4$1,324,000$331,000$331,000
56258Marshall, MN 5625828.6 mi16$4,141,520$190,000$258,845
56220Canby, MN 5622029.8 mi5$961,250$135,000$192,250
56144Jasper, MN 5614432.0 mi3$513,978$173,977$171,326

Frequently Asked Questions

How many homes are for sale in LAKE BENTON, MN 56149?

As of February 2026, there are 7 active listings in LAKE BENTON, MN (zip code 56149), compared to 7 the prior year.

What is the median home price in LAKE BENTON, MN 56149?

The median listing price in LAKE BENTON, MN 56149 is $129,250 as of February 2026, a 16.4% increase from $111,000 the prior year.

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

Homes in LAKE BENTON, MN 56149 spend an average of 76 days on the market before going under contract, compared to 118 days the prior year.

Is it a seller's or buyer's market in LAKE BENTON, MN 56149?

Based on current inventory and days-on-market data as of February 2026, LAKE BENTON, MN 56149 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 76 days on market compared to 118 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAKE BENTON, MN 56149 save an estimated $2,585 compared to a typical 5% commission on the median listing price of $129,250. 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.