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Brainerd, MN 56401 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Brainerd, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 3434PendingPending sales: 22
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): $300k$300kSoldMedian sold price (last 6 months): $305k$305k
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: $230k to $460k
$126k to $229k: 51 sales$126k$229k to $332k: 98 sales98sales$332k to $435k: 33 sales$332k$435k to $538k: 23 sales$538k to $641k: 18 sales$538k$641k to $744k: 8 sales$744k to $847k: 6 sales$744k$847k to $950k: 4 salesMedian $305k

What the numbers say

As of September 14, 2026, Resideline is tracking 34 active listings and 2 pending sales in ZIP code 56401. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $299,900, while the median of the 269 closed sales Resideline tracked over the last six months was $304,750. 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 58 days.

Frequently asked questions

What is the median home price in 56401?

The median closed sale price in Brainerd, MN 56401 was $304,750 over the last six months, based on 269 closed sales tracked by Resideline. The middle half of those sales ranged from $230,000 to $460,000.

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

Resideline is currently tracking 2 pending sales against 34 active listings in 56401, a pending-to-active ratio of 0.06. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 56401 currently looks like a balanced market.

Nearby ZIP code market data

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