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Bemidji, MN 56601 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Bemidji, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 5151PendingPending sales: 55
Bemidji, 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): $400k$400kSoldMedian sold price (last 6 months): $294k$294k
What homes actually sell for in Bemidji, MN
Distribution of 350 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $199k to $390k
$100k to $167k: 49 sales$100k$167k to $234k: 62 sales62sales$234k to $301k: 58 sales$234k$301k to $368k: 59 sales$368k to $434k: 42 sales$368k$434k to $501k: 18 sales$501k to $568k: 14 sales$501k$568k to $635k: 13 salesMedian $294k

What the numbers say

As of October 5, 2026, Resideline is tracking 51 active listings and 5 pending sales in ZIP code 56601. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $400,000, while the median of the 350 closed sales Resideline tracked over the last six months was $294,350. 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 56601 for 71 days.

Frequently asked questions

What is the median home price in 56601?

The median closed sale price in Bemidji, MN 56601 was $294,350 over the last six months, based on 350 closed sales tracked by Resideline. The middle half of those sales ranged from $199,000 to $389,900.

Is 56601 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 51 active listings in 56601, a pending-to-active ratio of 0.10. 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, 56601 currently looks like a balanced market.

Nearby ZIP code market data

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