Data as of February 2026. Source: Realtor.com.
The MERRIFIELD, MN real estate market (56465) currently shows 15 active listings, with 5 pending sales. Homes are averaging 87 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 87 days on market compared to 136 days last year.
The median listing price has risen 29% year-over-year, from $612,450 to $790,000.
Whether you are buying or selling in MERRIFIELD, 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: 2,241 · Density: 22.5/mi² · Median household income: $69,292
Typical home value: $318,802 · Homeownership: 93.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56465 | Merrifield, MN 56465 | 0.0 mi | 13 | $9,700,548 | $614,950 | $746,196 |
| 56455 | Ironton, MN 56455 | 7.8 mi | 6 | $2,688,930 | $464,300 | $448,155 |
| 56442 | Crosslake, MN 56442 | 9.8 mi | 18 | $14,159,664 | $399,900 | $786,648 |
| 56444 | Deerwood, MN 56444 | 13.8 mi | 9 | $4,633,425 | $379,900 | $514,825 |
| 56425 | Baxter, MN 56425 | 15.6 mi | 42 | $17,861,592 | $415,000 | $425,276 |
| 56447 | Emily, MN 56447 | 17.4 mi | 5 | $1,987,250 | $312,450 | $397,450 |
| 56473 | Pillager, MN 56473 | 21.5 mi | 8 | $4,111,864 | $549,500 | $513,983 |
| 56662 | Outing, MN 56662 | 23.7 mi | 3 | $1,679,901 | $550,000 | $559,967 |
| 56466 | Motley, MN 56466 | 26.0 mi | 6 | $2,115,240 | $379,900 | $352,540 |
| 56435 | Backus, MN 56435 | 27.3 mi | 12 | $4,384,800 | $337,450 | $365,400 |
| 56469 | Palisade, MN 56469 | 31.7 mi | 2 | $1,198,900 | $599,450 | $599,450 |
| 56443 | Cushing, MN 56443 | 32.4 mi | 4 | $1,420,900 | $328,450 | $355,225 |
| 56452 | Hackensack, MN 56452 | 32.9 mi | 14 | $9,698,738 | $375,000 | $692,767 |
As of February 2026, there are 15 active listings in MERRIFIELD, MN (zip code 56465), compared to 13 the prior year.
The median listing price in MERRIFIELD, MN 56465 is $790,000 as of February 2026, a 29% increase from $612,450 the prior year.
Homes in MERRIFIELD, MN 56465 spend an average of 87 days on the market before going under contract, compared to 136 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MERRIFIELD, MN 56465 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 87 days on market compared to 136 days last year.
With SELL123.com's maximum 3% commission, sellers in MERRIFIELD, MN 56465 save an estimated $15,800 compared to a typical 5% commission on the median listing price of $790,000. 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.