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BACKUS, MN 56435

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

Market Analysis

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

The BACKUS, MN real estate market (56435) currently shows 12 active listings, with 3 pending sales. Homes are averaging 93 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 93 days on market compared to 140 days last year.

The median listing price has fallen 15% year-over-year, from $399,962 to $339,900.

Whether you are buying or selling in BACKUS, 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: 2,833  ·  Density: 6.9/mi²  ·  Median household income: $62,365

Typical home value: $217,639  ·  Homeownership: 91.6%

Market Overview

Active Listings
12
⇧ 33.3% vs 9 last year
Pending
3
25% pending ratio
Median Price
$339,900
⇩ 15% vs $399,962 last year
Average Price
$385,322
⇩ 18.7% vs $474,103 last year
Days on Market
93
⇩ 33.6% vs 140 days last year

Price Per Square Foot

Median $/sqft
$267
⇧ 45.1% vs $184/sqft last year
Median Home Size
1,820 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 9 last year
  • Days on market: 93 now vs 140 last year

Median & Average Pricing

Year over Year
  • Median: $339,900 (-15% YoY)
  • Average: $385,322 (-18.7% 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 32.8 miles — 183 listings ($101,828,978 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56435Backus, MN 564350.0 mi12$4,384,800$337,450$365,400
56452Hackensack, MN 5645210.2 mi14$9,698,738$375,000$692,767
56472Pequot Lakes, MN 5647218.3 mi53$24,748,986$419,900$466,962
56655Longville, MN 5665518.6 mi12$8,259,240$525,000$688,270
56448Fifty Lakes, MN 5644820.9 mi1$725,000$725,000$725,000
56468Nisswa, MN 5646824.6 mi34$28,983,198$650,000$852,447
56464Menahga, MN 5646427.3 mi23$9,088,864$394,900$395,168
56466Motley, MN 5646627.6 mi6$2,115,240$379,900$352,540
56641Federal Dam, MN 5664129.8 mi0$0$350,000$350,000
56441Crosby, MN 5644130.1 mi11$4,720,837$425,000$429,167
56447Emily, MN 5644730.1 mi5$1,987,250$312,450$397,450
56481Verndale, MN 5648130.4 mi3$1,975,350$417,400$658,450
56461Laporte, MN 5646132.8 mi9$5,141,475$374,950$571,275

Frequently Asked Questions

How many homes are for sale in BACKUS, MN 56435?

As of February 2026, there are 12 active listings in BACKUS, MN (zip code 56435), compared to 9 the prior year.

What is the median home price in BACKUS, MN 56435?

The median listing price in BACKUS, MN 56435 is $339,900 as of February 2026, a 15% decrease from $399,962 the prior year.

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

Homes in BACKUS, MN 56435 spend an average of 93 days on the market before going under contract, compared to 140 days the prior year.

Is it a seller's or buyer's market in BACKUS, MN 56435?

Based on current inventory and days-on-market data as of February 2026, BACKUS, MN 56435 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 93 days on market compared to 140 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BACKUS, MN 56435 save an estimated $6,798 compared to a typical 5% commission on the median listing price of $339,900. 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.