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FOSSTON, MN 56542

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

Market Analysis

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

The FOSSTON, MN real estate market (56542) currently shows 9 active listings, with 3 pending sales. Homes are averaging 117 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 117 days on market compared to 71 days last year.

The median listing price has fallen 1.6% year-over-year, from $191,250 to $188,200.

Whether you are buying or selling in FOSSTON, 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: 2,434  ·  Density: 5.2/mi²  ·  Median household income: $54,205

Typical home value: $164,896  ·  Homeownership: 74.9%

Market Overview

Active Listings
9
vs 9 last year
Pending
3
33% pending ratio
Median Price
$188,200
⇩ 1.6% vs $191,250 last year
Average Price
$185,206
⇩ 15.6% vs $219,532 last year
Days on Market
117
⇧ 64.8% vs 71 days last year

Price Per Square Foot

Median $/sqft
$120
⇩ 7.7% vs $130/sqft last year
Median Home Size
1,596 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 117 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $188,200 (-1.6% YoY)
  • Average: $185,206 (-15.6% 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 40.2 miles — 78 listings ($28,451,590 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56542Fosston, MN 565420.0 mi10$2,170,220$195,900$217,022
56651Lengby, MN 5665110.1 mi2$1,398,500$699,250$699,250
56535Erskine, MN 5653516.8 mi6$3,712,620$439,000$618,770
56557Mahnomen, MN 5655717.6 mi6$986,298$159,900$164,383
56621Bagley, MN 5662118.0 mi12$7,185,360$309,000$598,780
56736Mentor, MN 5673624.6 mi7$3,074,036$384,950$439,148
56742Oklee, MN 5674225.3 mi1$89,900$89,900$89,900
56589Waubun, MN 5658926.8 mi8$2,254,000$190,000$281,750
56678Solway, MN 5667829.9 mi3$1,053,750$351,250$351,250
56569Ogema, MN 5656934.3 mi2$621,934$389,000$310,967
56667Puposky, MN 5666738.1 mi3$1,455,000$485,000$485,000
56510Ada, MN 5651040.1 mi16$3,901,072$227,500$243,817
56521Callaway, MN 5652140.2 mi2$548,900$274,450$274,450

Frequently Asked Questions

How many homes are for sale in FOSSTON, MN 56542?

As of February 2026, there are 9 active listings in FOSSTON, MN (zip code 56542), compared to 9 the prior year.

What is the median home price in FOSSTON, MN 56542?

The median listing price in FOSSTON, MN 56542 is $188,200 as of February 2026, a 1.6% decrease from $191,250 the prior year.

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

Homes in FOSSTON, MN 56542 spend an average of 117 days on the market before going under contract, compared to 71 days the prior year.

Is it a seller's or buyer's market in FOSSTON, MN 56542?

Based on current inventory and days-on-market data as of February 2026, FOSSTON, MN 56542 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 117 days on market compared to 71 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FOSSTON, MN 56542 save an estimated $3,764 compared to a typical 5% commission on the median listing price of $188,200. 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.