Peterson, MN Home Values & Market Trends
Real estate market trends reflect that there have been 8 transactions over the past year in Peterson. The median value for residential home transactions that occurred over the previous year is $290,000. The number of current listings in Peterson is 9, and the percentage of properties for sale in the city is 9.00%. Peterson, MN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 9 properties for sale.
Peterson, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55962 | $ 290,000 $ 152/sqft |
Housing Market Summary for Peterson, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $369.9K | $359.9K | -2.70% |
| Median Sold Price | $314.9K | $249.8K | -20.70% |
| Homes For Sale | 2 | 9 | 350.00% |
| Homes Sold | 3 | 7 | 133.33% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Peterson, MN
Browse Homes in Peterson, MN
Peterson home values range from $90,000 to $675,943. The median estimated value of a home in Peterson is $290,000. The median list price of a home is 359,900, and the total count of properties in the city is 16.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Peterson, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Peterson, MN; of that zips, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Peterson, MN 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 Peterson, MN. There is 1 zips within Peterson, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Peterson, MN. Auction homes and other auction properties account for 0% of all properties in Peterson, MN. There is 1 zips within Peterson, MN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Peterson, MN
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 […]
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