Pelican Rapids, MN
City market trends and history
Public Record
Median Sale Price
$342.5K
12-Month Sales
19
-6.0%
1-Year Appreciation
-6.0%
Properties Tracked
673
Median Sale Price History
Top Neighborhoods
| Name | Median |
|---|
Top Neighborhoods by Activity
| Neighborhood | Sales 12mo | Median |
|---|
Top ZIP Codes
| ZIP | Sales 12mo | Median |
|---|
Recent Sales
| Date | Address | Price |
|---|---|---|
| May 22, 2026 | 495XX FISH LAKE RD | $420K |
| May 15, 2026 | 4967X FISH LAKE RD | $416.5K |
| May 6, 2026 | Pike Beach Trl | $75K |
| Mar 13, 2026 | 5th St SE | $266.5K |
| Oct 21, 2025 | 1st St NW | $198K |
| Oct 10, 2025 | 26140 460TH ST PARCEL G | $195K |
| Sep 2, 2025 | Alder Dr | $534K |
| Aug 29, 2025 | 115 1ST ST SE | $160K |
| Jul 15, 2025 | 5th St SE | $341K |
| Jul 11, 2025 | Pike Beach Trl | $40K |
| Jul 9, 2025 | 44608 BEAR TRL | $248K |
| Jul 2, 2025 | 24586 LABRADOR BEACH RD | $200K |
| Jan 2, 2025 | BASS HARBOR RD LOT 9 | $418.8K |
| Dec 3, 2024 | 26140 460TH ST PARCEL G | $355K |
| Nov 12, 2024 | 26140 460TH ST PARCEL G | $300K |
| Nov 4, 2024 | 1st St SE | $80K |
| Oct 18, 2024 | 148XX COUNTY HIGHWAY 30 # B | $85K |
| Jul 31, 2024 | 45285 CRYSTAL HILLS DR | $600K |
| Jul 24, 2024 | 3rd St SE | $150K |
| Jul 22, 2024 | 24586 LABRADOR BEACH RD | $162.5K |
4-Quarter Forecast
Linear projection from past trendQuarterly trend
-3.6%
Implied 1-yr
-14.3%
2026 Q3
$270.9K
2026 Q4
$258.3K
Median Price — History + Forecast
Property type mix
Share by property type
Year-built distribution
Properties by build era
Map
Recent top sales — most expensive
| Address | Sale date | Sale price |
|---|---|---|
| 20231 S PELICAN DR | May 16, 2022 | $1,360,000 |
| 25077 LABRADOR BEACH TRL | Aug 4, 2023 | $1,200,000 |
| 45827 COUNTY HIGHWAY 31 | Mar 13, 2024 | $1,190,000 |
| 45827 COUNTY HIGHWAY 31 | Mar 15, 2024 | $1,190,000 |
| 49341 FISH LAKE RD | Sep 14, 2023 | $1,050,000 |
| Lida Dr | Jul 6, 2023 | $1,025,000 |
| 22749 KNOLLWOOD LN | Mar 24, 2022 | $990,000 |
| 51265 SAINTS LN | Nov 2, 2022 | $875,000 |
| 22024 LINDEN PARK RD | Sep 30, 2022 | $859,900 |
| 15861 STATE HIGHWAY 108 | Aug 1, 2022 | $800,000 |
How Pelican Rapids compares
| Metric | Pelican Rapids | Minnesota avg | US avg |
|---|---|---|---|
| Median price | $342.5K | $404.7K | $535.4K |
| 1-year change | -6.0% | -0.7% | -5.4% |
| Sales (12mo) | 19 | 7,149 | — |
| Median sqft | — | — | — |
Other cities in Minnesota
How Pelican Rapids ranks in Minnesota
1-year appreciation
#194 of 943
Median price
#217 of 943
Frequently asked about Pelican Rapids
What is the median sale price in Pelican Rapids, MN?
The median sale price in Pelican Rapids over the last 12 months is $342.5K, based on 19 transactions.
How fast are home prices appreciating in Pelican Rapids?
Pelican Rapids home prices have changed -6.0% year-over-year on a median basis.
How many sales happen each year in Pelican Rapids?
Roughly 19 home sales were recorded in Pelican Rapids over the trailing 12 months.
What types of properties are most common in Pelican Rapids?
single_family is the most common property type tracked in Pelican Rapids.
When were most homes in Pelican Rapids built?
Most homes in Pelican Rapids were built in the Pre-1950 era.