Call or Text (240) SELL-123

BELGRADE, MN 56312

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

Market Analysis

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

The BELGRADE, MN real estate market (56312) currently shows 1 active listings. Homes are averaging 73 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 73 days on market compared to 109 days last year.

The median listing price has risen 27.1% year-over-year, from $495,000 to $629,000.

Whether you are buying or selling in BELGRADE, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for BELGRADE, MN 56312 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 2,240  ·  Density: 5.0/mi²  ·  Median household income: $69,375

Typical home value: $222,813  ·  Homeownership: 82.9%

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
0
0% pending ratio
Median Price
$629,000
⇧ 27.1% vs $495,000 last year
Average Price
$629,000
⇧ 27.1% vs $495,000 last year
Days on Market
73
⇩ 33% vs 109 days last year

Price Per Square Foot

Median $/sqft
$220
⇧ 77.4% vs $124/sqft last year
Median Home Size
2,864 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 3 last year
  • Days on market: 73 now vs 109 last year

Median & Average Pricing

Year over Year
  • Median: $629,000 (+27.1% YoY)
  • Average: $629,000 (+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 27.1 miles — 138 listings ($45,515,979 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56312Belgrade, MN 563120.0 mi2$1,288,000$644,000$644,000
56316Brooten, MN 563169.9 mi6$857,664$142,944$142,944
56362Paynesville, MN 5636212.2 mi18$6,475,284$279,950$359,738
56352Melrose, MN 5635214.9 mi6$1,502,040$175,000$250,340
56289Sunburg, MN 5628915.9 mi0$0$300,000$300,000
56368Richmond, MN 5636820.1 mi10$4,535,430$419,900$453,543
56279Pennock, MN 5627920.2 mi2$836,000$418,000$418,000
56334Glenwood, MN 5633420.8 mi20$6,635,120$275,000$331,756
55329Eden Valley, MN 5532921.5 mi6$1,941,480$269,000$323,580
56243Grove City, MN 5624324.3 mi3$439,224$146,408$146,408
56201Willmar, MN 5620125.3 mi59$19,608,237$284,900$332,343
56252Kerkhoven, MN 5625226.1 mi5$1,247,500$249,500$249,500
56271Murdock, MN 5627127.1 mi1$150,000$150,000$150,000

Frequently Asked Questions

How many homes are for sale in BELGRADE, MN 56312?

As of February 2026, there are 1 active listings in BELGRADE, MN (zip code 56312), compared to 3 the prior year.

What is the median home price in BELGRADE, MN 56312?

The median listing price in BELGRADE, MN 56312 is $629,000 as of February 2026, a 27.1% increase from $495,000 the prior year.

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

Homes in BELGRADE, MN 56312 spend an average of 73 days on the market before going under contract, compared to 109 days the prior year.

Is it a seller's or buyer's market in BELGRADE, MN 56312?

Based on current inventory and days-on-market data as of February 2026, BELGRADE, MN 56312 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 73 days on market compared to 109 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BELGRADE, MN 56312 save an estimated $12,580 compared to a typical 5% commission on the median listing price of $629,000. 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.