Data as of February 2026. Source: Realtor.com.
The CANBY, MN real estate market (56220) currently shows 9 active listings, with 4 pending sales. Homes are averaging 29 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 29 days on market compared to 170 days last year.
The median listing price has fallen 23.7% year-over-year, from $199,950 to $152,500.
Whether you are buying or selling in CANBY, 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.
Population: 2,621 · Density: 3.7/mi² · Median household income: $57,432
Typical home value: $150,888 · Homeownership: 85.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56220 | Canby, MN 56220 | 0.0 mi | 5 | $961,250 | $135,000 | $192,250 |
| 57237 | Gary, SD 57237 | 11.9 mi | 2 | $1,014,900 | $507,450 | $507,450 |
| 56142 | Ivanhoe, MN 56142 | 18.2 mi | 4 | $597,800 | $149,450 | $149,450 |
| 56232 | Dawson, MN 56232 | 18.4 mi | 16 | $2,791,888 | $159,900 | $174,493 |
| 56256 | Madison, MN 56256 | 20.7 mi | 11 | $2,378,860 | $197,400 | $216,260 |
| 56223 | Clarkfield, MN 56223 | 23.5 mi | 6 | $776,160 | $80,000 | $129,360 |
| 56239 | Ghent, MN 56239 | 24.5 mi | 1 | $110,000 | $110,000 | $110,000 |
| 56212 | Bellingham, MN 56212 | 27.9 mi | 1 | $169,000 | $169,000 | $169,000 |
| 57238 | Goodwin, SD 57238 | 29.5 mi | 1 | $434,900 | $434,900 | $434,900 |
| 56149 | Lake Benton, MN 56149 | 29.8 mi | 7 | $1,602,720 | $89,900 | $228,960 |
| 56295 | Watson, MN 56295 | 30.8 mi | 1 | $89,000 | $89,000 | $89,000 |
| 57234 | Estelline, SD 57234 | 31.2 mi | 6 | $3,099,402 | $524,900 | $516,567 |
| 56258 | Marshall, MN 56258 | 33.1 mi | 16 | $4,141,520 | $190,000 | $258,845 |
As of February 2026, there are 9 active listings in CANBY, MN (zip code 56220), compared to 11 the prior year.
The median listing price in CANBY, MN 56220 is $152,500 as of February 2026, a 23.7% decrease from $199,950 the prior year.
Homes in CANBY, MN 56220 spend an average of 29 days on the market before going under contract, compared to 170 days the prior year.
Based on current inventory and days-on-market data as of February 2026, CANBY, MN 56220 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 29 days on market compared to 170 days last year.
With SELL123.com's maximum 3% commission, sellers in CANBY, MN 56220 save an estimated $3,050 compared to a typical 5% commission on the median listing price of $152,500. 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.