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Pelican Rapids Market Report

$420,370

AVERAGE PRICE OF 109 HOMES

$2,777,240

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$372,500

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$1,562,500

AVERAGE PRICE OF 2 HOMES WITH A POOL

$526,100

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $420,370
Avg Bedrooms 1.28 beds
Avg Bathrooms .88 bath

Average Price by Bedrooms

1 bedroom $489,000
2 bedrooms $535,188
3 bedrooms $610,442
4 bedrooms $691,709
5 bedrooms $429,000
Pelican Rapids Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 96 72 33 7 5
Average Price $419,877 $448,897 $265,699 $503,970 $539,600
Avg Price Change -6.91% +68.95% -89.68% -7.07% -1.82%
Median Price $233,062 $236,045 $122,200 $388,625 $438,000
Med Price Change -1.28% +93.16% -218.02% -12.71% -10.11%
Avg Bedrooms 1.21 beds 1.23 beds .88 bed 2.39 beds 2 beds
Avg Bathrooms .86 bath .89 bath .67 bath 1.86 baths 1.6 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pelican Rapids 27 $231,481 69 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 109 $420,370 51 days
Multi-Million Dollar Homes 5 $2,777,240 65 days
Newly Built Homes 2 $372,500 17 days
Homes with a Pool 2 $1,562,500 46 days
Reduced Price Homes 9 $526,100 59 days