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PEQUOT LAKES, MN 56472

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

Market Analysis

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

The PEQUOT LAKES, MN real estate market (56472) currently shows 58 active listings, with 15 pending sales. Homes are averaging 106 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 106 days on market compared to 103 days last year.

The median listing price has risen 17.2% year-over-year, from $407,500 to $477,450.

Whether you are buying or selling in PEQUOT LAKES, 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: 8,521  ·  Density: 21.2/mi²  ·  Median household income: $78,574

Typical home value: $283,659  ·  Homeownership: 85.1%

Market Overview

Active Listings
58
⇩ 17.1% vs 70 last year
Pending
15
26% pending ratio
Median Price
$477,450
⇧ 17.2% vs $407,500 last year
Average Price
$463,974
⇧ 2.6% vs $452,162 last year
Days on Market
106
⇧ 2.9% vs 103 days last year

Price Per Square Foot

Median $/sqft
$238
⇩ 3.6% vs $247/sqft last year
Median Home Size
2,006 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 58 this year vs 70 last year
  • Days on market: 106 now vs 103 last year

Median & Average Pricing

Year over Year
  • Median: $477,450 (+17.2% YoY)
  • Average: $463,974 (+2.6% 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 34.0 miles — 315 listings ($149,452,160 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56472Pequot Lakes, MN 564720.0 mi53$24,748,986$419,900$466,962
56474Pine River, MN 5647410.4 mi21$10,453,485$449,900$497,785
56442Crosslake, MN 5644213.8 mi18$14,159,664$399,900$786,648
56425Baxter, MN 5642516.4 mi42$17,861,592$415,000$425,276
56466Motley, MN 5646617.4 mi6$2,115,240$379,900$352,540
56455Ironton, MN 5645518.5 mi6$2,688,930$464,300$448,155
56401Brainerd, MN 5640120.6 mi107$45,027,419$357,450$420,817
56447Emily, MN 5644724.1 mi5$1,987,250$312,450$397,450
56452Hackensack, MN 5645226.3 mi14$9,698,738$375,000$692,767
56662Outing, MN 5666228.3 mi3$1,679,901$550,000$559,967
56655Longville, MN 5665528.7 mi12$8,259,240$525,000$688,270
56433Akeley, MN 5643331.0 mi15$6,482,040$305,000$432,136
56450Garrison, MN 5645034.0 mi13$4,289,675$307,450$329,975

Frequently Asked Questions

How many homes are for sale in PEQUOT LAKES, MN 56472?

As of February 2026, there are 58 active listings in PEQUOT LAKES, MN (zip code 56472), compared to 70 the prior year.

What is the median home price in PEQUOT LAKES, MN 56472?

The median listing price in PEQUOT LAKES, MN 56472 is $477,450 as of February 2026, a 17.2% increase from $407,500 the prior year.

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

Homes in PEQUOT LAKES, MN 56472 spend an average of 106 days on the market before going under contract, compared to 103 days the prior year.

Is it a seller's or buyer's market in PEQUOT LAKES, MN 56472?

Based on current inventory and days-on-market data as of February 2026, PEQUOT LAKES, MN 56472 is currently a Balanced Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 106 days on market compared to 103 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PEQUOT LAKES, MN 56472 save an estimated $9,549 compared to a typical 5% commission on the median listing price of $477,450. 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.