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Pelican Rapids Market Report

$288,545

AVERAGE PRICE OF 121 HOMES

$1,734,000

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$295,000

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$1,500,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

Average Home

Average Price $288,545
Avg Bedrooms .56 bed
Avg Bathrooms .41 bath

Average Price by Bedrooms

2 bedrooms $291,480
3 bedrooms $739,369
4 bedrooms $562,500
5 bedrooms $1,485,500
Pelican Rapids Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 118 120 131 146 147
Average Price $270,592 $277,136 $335,458 $356,954 $363,320
Avg Price Change -2.42% -21.04% -6.41% -1.78% +7.26%
Median Price $120,000 $115,125 $126,538 $138,133 $141,475
Med Price Change +4.23% -9.91% -9.16% -2.42% +8.28%
Avg Bedrooms .53 bed .56 bed .68 bed .81 bed 1.03 beds
Avg Bathrooms .37 bath .41 bath .48 bath .54 bath .69 bath
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pelican Rapids 25 $304,836 276 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 121 $288,545 184 days
Multi-Million Dollar Homes 7 $1,734,000 122 days
Newly Built Homes 2 $295,000 51 days
Homes with a Pool 1 $1,500,000 183 days