Start Free
All market snapshots / 56401

Brainerd, MN 56401 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Brainerd, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.20
ActiveActive listings: 3535PendingPending sales: 77
Brainerd, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $427k$427kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in Brainerd, MN
Distribution of 269 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $240k to $520k
$159k to $302k: 113 sales113sales$159k$302k to $444k: 57 sales$444k to $587k: 36 sales$444k$587k to $730k: 13 sales$730k to $872k: 11 sales$730k$872k to $1.01M: 6 sales$1.01M to $1.16M: 3 sales$1.01M$1.16M to $1.3M: 3 salesMedian $315k

What the numbers say

As of October 26, 2026, Resideline is tracking 35 active listings and 7 pending sales in ZIP code 56401. That pending-to-active ratio of 0.20 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $426,990, while the median of the 269 closed sales Resideline tracked over the last six months was $315,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 56401 for 69 days.

Frequently asked questions

What is the median home price in 56401?

The median closed sale price in Brainerd, MN 56401 was $315,000 over the last six months, based on 269 closed sales tracked by Resideline. The middle half of those sales ranged from $239,900 to $520,000.

Is 56401 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 35 active listings in 56401, a pending-to-active ratio of 0.20. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 56401 is currently a faster-moving market.

Nearby ZIP code market data

Full Brainerd, MN housing market report →

Running a deal in 56401? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 56401 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.