Pelican Rapids, MN Real Estate Market Summary – September 8, 2026
In Pelican Rapids, MN, the real estate market has seen a total of 6 homes sold in the past 30 days. The average living area of these properties is approximately 2,632 square feet, with a median living area of 2,183 square feet.
| Metric | 30 Days |
|---|---|
| Number Sold | 6 |
| Sold Per Day | 1 every 5.00 days |
| Average SQFT | 2632 |
| Median Sales Price | $512,500 |
| Average Sales Price | $583,000 |
| Average Price Per SQFT | $202 |
| Average Days on Market | 14 |
| Average Year Built | 1963 |
Pelican Rapids, MN Single Family Home Analysis
The single-family home segment mirrors the overall market with 6 homes sold, featuring an average sale price of $583,000 and a median price of $512,500. Homes in this category spent an average of nearly 14 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 6 |
| Sold Per Day | 1 every 5.00 days |
| Average SQFT | 2632 |
| Median Sales Price | $512,500 |
| Average Sales Price | $583,000 |
| Average Price Per SQFT | $202 |
| Average Days on Market | 14 |
| Average Year Built | 1963 |
Pelican Rapids, MN Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- Homes are being listed at a pace of 1 every 5.00 days.
- Properties are spending an average of 14 days on the market before being sold.
- The average sale price for homes is $583,000.
- The state does not disclose sale prices.
Conclusion
The market in Pelican Rapids shows consistent activity in single-family homes, while the lack of sold condo or townhome properties indicates limited options in that segment. Homebuyers can expect a relatively quick turnover in the single-family home market.