56401 Real Estate Market

56401 Market

The median mortgage debt is $87,577.

Additional Statistics for Single Family Homes and Condos in Brainerd, MN
$161,990
Median Listing Price
32
Median Days on Market
356
Active Listings
19.1%
Distressed Listings
(foreclosures and short sales)
56401 (Brainerd, MN) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Brainerd is $159,900.

The price per square foot for listings in this area is $125.

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56401 (Brainerd, MN) Market Inventory Trends

The number of active listings in Brainerd dropped by 42% from the previous month.

The median number of days active properties have been listed is 32. This is significantly shorter than the national average.

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56401 (Brainerd, MN) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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