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MENTOR, MN 56736

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

Market Analysis

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

The MENTOR, MN real estate market (56736) currently shows 9 active listings, with 1 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 30 days on market compared to 127 days last year.

The median listing price has fallen 35.5% year-over-year, from $561,175 to $361,750.

Whether you are buying or selling in MENTOR, 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: 650  ·  Density: 2.3/mi²  ·  Median household income: $81,563

Typical home value: $267,275  ·  Homeownership: 90.8%

Market Overview

Active Listings
9
⇩ 25% vs 12 last year
Pending
1
11% pending ratio
Median Price
$361,750
⇩ 35.5% vs $561,175 last year
Average Price
$451,554
⇩ 24% vs $593,846 last year
Days on Market
30
⇩ 76.4% vs 127 days last year

Price Per Square Foot

Median $/sqft
$269
⇩ 26.5% vs $366/sqft last year
Median Home Size
1,198 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 12 last year
  • Days on market: 30 now vs 127 last year

Median & Average Pricing

Year over Year
  • Median: $361,750 (-35.5% YoY)
  • Average: $451,554 (-24% 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 39.8 miles — 83 listings ($18,080,322 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56736Mentor, MN 567360.0 mi7$3,074,036$384,950$439,148
56540Fertile, MN 5654012.2 mi6$1,191,000$199,999$198,500
56592Winger, MN 5659215.3 mi2$318,900$159,450$159,450
56716Crookston, MN 5671616.4 mi33$6,410,316$190,000$194,252
56742Oklee, MN 5674223.2 mi1$89,900$89,900$89,900
56722Euclid, MN 5672227.7 mi1$75,000$75,000$75,000
56523Climax, MN 5652328.5 mi2$289,000$144,500$144,500
56510Ada, MN 5651028.6 mi16$3,901,072$227,500$243,817
56557Mahnomen, MN 5655731.9 mi6$986,298$159,900$164,383
56584Twin Valley, MN 5658433.3 mi1$209,900$209,900$209,900
56548Halstad, MN 5654834.9 mi4$724,000$85,000$181,000
56725Goodridge, MN 5672537.9 mi2$557,000$278,500$278,500
56550Hendrum, MN 5655039.8 mi2$253,900$126,950$126,950

Frequently Asked Questions

How many homes are for sale in MENTOR, MN 56736?

As of February 2026, there are 9 active listings in MENTOR, MN (zip code 56736), compared to 12 the prior year.

What is the median home price in MENTOR, MN 56736?

The median listing price in MENTOR, MN 56736 is $361,750 as of February 2026, a 35.5% decrease from $561,175 the prior year.

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

Homes in MENTOR, MN 56736 spend an average of 30 days on the market before going under contract, compared to 127 days the prior year.

Is it a seller's or buyer's market in MENTOR, MN 56736?

Based on current inventory and days-on-market data as of February 2026, MENTOR, MN 56736 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 30 days on market compared to 127 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MENTOR, MN 56736 save an estimated $7,235 compared to a typical 5% commission on the median listing price of $361,750. 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.