56470 Home Values & Market Trends

There are 258 homes currently listed for 56470. 56470 real estate market trends show that home prices range from $23,900 to $4,999,500, and the median sales price in the 56470 zip code is $343,935. The total number of properties sold within the past twelve months is 342. In 56470, 4 properties are in foreclosure, 0 are bank owned properties,and 4 are headed for auction.

Housing Market Summary for 56470

Sep 2025September 2026Change
Median Listing Price$293.9K$304.5K3.61%
Median Sold Price$303.2K$256.6K-15.38%
Homes For Sale18125339.78%
Homes Sold1731772.31%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 56470

The median list price of a home in Park Rapids, is $343,935. A total of 258 properties are for sale, and the percentage of properties for sale in the zip code is 258.00%. The total count of 56470 properties is 455.

Foreclosure
There is 1 cities within 56470; within this cities, the median estimated home value for homes in foreclosure ranges from $233,293 in park rapids to the lowest value of $139,926 in park rapids. Foreclosure homes account for 0.00% of properties in 56470 with park rapids containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 56470 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 56470; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 56470 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 56470. There is 1 cities within 56470; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    park rapids has 4 auction properties, the highest number of properties going to auction in a single city in the state of 56470. Auction homes and other auction properties account for 0.88% of all properties in 56470. There is 1 cities within 56470; of that cities, the median estimated home value for homes going to auction ranges from $233,293 in park rapids to the lowest value of $139,926 in park rapids.
Homes for Sale
Homes and properties that are actively listed for sale account for 56.70% of residential properties in 56470 with park rapids containing 258 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 56470; homes for sale in that cities, have a range of median values from $2,134,747 in park rapids to the lowest value of $20,144 in park rapids.
    Sold Homes
    The median value for recently sold homes ranges from $1,065,004 in park rapids to the lowest price of $71,035 in park rapids. There is 1 cities within 56470. park rapids has 189 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 41.54% of properties in 56470.

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      Guide for 56470

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.