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Brainerd, MN 56401 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Brainerd, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 3939PendingPending sales: 66
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): $316k$316k
What homes actually sell for in Brainerd, MN
Distribution of 278 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $238k to $499k
$132k to $278k: 99 sales99sales$132k$278k to $424k: 73 sales$424k to $570k: 43 sales$424k$570k to $716k: 15 sales$716k to $862k: 12 sales$716k$862k to $1.01M: 6 sales$1.01M to $1.15M: 3 sales$1.01M$1.15M to $1.3M: 0 salesMedian $316k

What the numbers say

As of October 5, 2026, Resideline is tracking 39 active listings and 6 pending sales in ZIP code 56401. That pending-to-active ratio of 0.15 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $426,990, while the median of the 278 closed sales Resideline tracked over the last six months was $316,000. 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 68 days.

Frequently asked questions

What is the median home price in 56401?

The median closed sale price in Brainerd, MN 56401 was $316,000 over the last six months, based on 278 closed sales tracked by Resideline. The middle half of those sales ranged from $237,500 to $499,000.

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

Resideline is currently tracking 6 pending sales against 39 active listings in 56401, a pending-to-active ratio of 0.15. 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

Full Brainerd, MN housing market report →

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