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Downtown Brainerd (Downtown)

BRAINERD, MN 56401

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

Neighborhoods in ZIP 56401

Downtown Brainerd (Downtown)

Market Analysis

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

The BRAINERD, MN real estate market (56401) currently shows 118 active listings, with 38 pending sales. Homes are averaging 91 days on the market before going under contract.

Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 91 days on market compared to 89 days last year.

The median listing price has risen 1.1% year-over-year, from $374,450 to $378,500.

Whether you are buying or selling in BRAINERD, 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: 31,347  ·  Density: 37.5/mi²  ·  Median household income: $62,275

Typical home value: $218,444  ·  Homeownership: 73.3%

Market Overview

Active Listings
118
⇧ 34.1% vs 88 last year
Pending
38
32% pending ratio
Median Price
$378,500
⇧ 1.1% vs $374,450 last year
Average Price
$457,429
⇧ 4.1% vs $439,578 last year
Days on Market
91
⇧ 2.2% vs 89 days last year

Price Per Square Foot

Median $/sqft
$242
⇧ 9.5% vs $221/sqft last year
Median Home Size
1,770 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 118 this year vs 88 last year
  • Days on market: 91 now vs 89 last year

Median & Average Pricing

Year over Year
  • Median: $378,500 (+1.1% YoY)
  • Average: $457,429 (+4.1% 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 32.1 miles — 231 listings ($106,850,647 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56401Brainerd, MN 564010.0 mi107$45,027,419$357,450$420,817
56455Ironton, MN 5645510.3 mi6$2,688,930$464,300$448,155
56444Deerwood, MN 5644413.3 mi9$4,633,425$379,900$514,825
56465Merrifield, MN 5646514.7 mi13$9,700,548$614,950$746,196
56473Pillager, MN 5647317.5 mi8$4,111,864$549,500$513,983
56472Pequot Lakes, MN 5647220.6 mi53$24,748,986$419,900$466,962
56443Cushing, MN 5644323.6 mi4$1,420,900$328,450$355,225
56338Hillman, MN 5633824.7 mi1$749,900$749,900$749,900
56466Motley, MN 5646625.2 mi6$2,115,240$379,900$352,540
56475Randall, MN 5647526.0 mi1$239,950$239,950$239,950
56474Pine River, MN 5647430.6 mi21$10,453,485$449,900$497,785
56448Fifty Lakes, MN 5644832.1 mi1$725,000$725,000$725,000
56328Flensburg, MN 5632832.1 mi1$235,000$235,000$235,000

Frequently Asked Questions

How many homes are for sale in BRAINERD, MN 56401?

As of February 2026, there are 118 active listings in BRAINERD, MN (zip code 56401), compared to 88 the prior year.

What is the median home price in BRAINERD, MN 56401?

The median listing price in BRAINERD, MN 56401 is $378,500 as of February 2026, a 1.1% increase from $374,450 the prior year.

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

Homes in BRAINERD, MN 56401 spend an average of 91 days on the market before going under contract, compared to 89 days the prior year.

Is it a seller's or buyer's market in BRAINERD, MN 56401?

Based on current inventory and days-on-market data as of February 2026, BRAINERD, MN 56401 is currently a Buyer's Market. Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 91 days on market compared to 89 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BRAINERD, MN 56401 save an estimated $7,570 compared to a typical 5% commission on the median listing price of $378,500. 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.