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Pelican Rapids Market Report

$272,323

AVERAGE PRICE OF 119 HOMES

$1,929,000

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$295,000

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$1,500,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$399,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $272,323
Avg Bedrooms .54 bed
Avg Bathrooms .37 bath

Average Price by Bedrooms

2 bedrooms $264,350
3 bedrooms $602,972
4 bedrooms $562,500
5 bedrooms $1,581,333
Pelican Rapids Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 120 131 146 147 139
Average Price $277,136 $335,458 $356,954 $363,320 $338,727
Avg Price Change -21.04% -6.41% -1.78% +7.26% -12.52%
Median Price $115,125 $126,538 $138,133 $141,475 $130,658
Med Price Change -9.91% -9.16% -2.42% +8.28% -45.68%
Avg Bedrooms .56 bed .68 bed .81 bed 1.03 beds .98 bed
Avg Bathrooms .41 bath .48 bath .54 bath .69 bath .66 bath
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pelican Rapids 24 $267,620 268 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 119 $272,323 169 days
Multi-Million Dollar Homes 5 $1,929,000 152 days
Newly Built Homes 2 $295,000 32 days
Homes with a Pool 1 $1,500,000 164 days
Reduced Price Homes 1 $399,000 114 days

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