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EAST GRAND FORKS, MN 56721

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

Market Analysis

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

The EAST GRAND FORKS, MN real estate market (56721) currently shows 24 active listings, with 10 pending sales. Homes are averaging 79 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 79 days on market compared to 25 days last year.

The median listing price has risen 7.6% year-over-year, from $320,000 to $344,450.

Whether you are buying or selling in EAST GRAND FORKS, 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: 10,905  ·  Density: 21.9/mi²  ·  Median household income: $86,875

Typical home value: $242,868  ·  Homeownership: 72.1%

Market Overview

Active Listings
24
⇧ 20% vs 20 last year
Pending
10
42% pending ratio
Median Price
$344,450
⇧ 7.6% vs $320,000 last year
Average Price
$364,142
⇧ 1.8% vs $357,743 last year
Days on Market
79
⇧ 216% vs 25 days last year

Price Per Square Foot

Median $/sqft
$124
⇧ 0.8% vs $123/sqft last year
Median Home Size
2,400 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 20 last year
  • Days on market: 79 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $344,450 (+7.6% YoY)
  • Average: $364,142 (+1.8% 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 36.5 miles — 198 listings ($84,295,690 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56721East Grand Forks, MN 567210.0 mi20$7,115,840$319,900$355,792
58201Grand Forks, ND 5820111.5 mi107$60,161,927$499,999$562,261
56722Euclid, MN 5672213.8 mi1$75,000$75,000$75,000
56762Warren, MN 5676216.5 mi5$854,665$115,000$170,933
58228Emerado, ND 5822819.7 mi2$790,000$395,000$395,000
58275Reynolds, ND 5827520.9 mi1$294,500$294,500$294,500
56716Crookston, MN 5671624.0 mi33$6,410,316$190,000$194,252
58214Arvilla, ND 5821425.8 mi1$450,000$450,000$450,000
58218Buxton, ND 5821826.4 mi5$1,485,400$264,500$297,080
56750Red Lake Falls, MN 5675030.3 mi11$2,070,442$129,000$188,222
58240Hatton, ND 5824034.0 mi3$1,059,900$430,000$353,300
58267Northwood, ND 5826735.0 mi8$3,342,800$368,700$417,850
56581Shelly, MN 5658136.5 mi1$184,900$184,900$184,900

Frequently Asked Questions

How many homes are for sale in EAST GRAND FORKS, MN 56721?

As of February 2026, there are 24 active listings in EAST GRAND FORKS, MN (zip code 56721), compared to 20 the prior year.

What is the median home price in EAST GRAND FORKS, MN 56721?

The median listing price in EAST GRAND FORKS, MN 56721 is $344,450 as of February 2026, a 7.6% increase from $320,000 the prior year.

How long do homes stay on the market in EAST GRAND FORKS, MN?

Homes in EAST GRAND FORKS, MN 56721 spend an average of 79 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in EAST GRAND FORKS, MN 56721?

Based on current inventory and days-on-market data as of February 2026, EAST GRAND FORKS, MN 56721 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 79 days on market compared to 25 days last year.

How much can I save on real estate commission in EAST GRAND FORKS, MN?

With SELL123.com's maximum 3% commission, sellers in EAST GRAND FORKS, MN 56721 save an estimated $6,889 compared to a typical 5% commission on the median listing price of $344,450. 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.