Park Rapids, MN Housing Market

The Park Rapids housing market is somewhat competitive. The median sale price of a home in Park Rapids was $335K last month, up 15.5% since last year. The median sale price per square foot in Park Rapids is $159, down 6.5% since last year.

Trends
Demand
Migration
Schools
Climate

Park Rapids Housing Market Trends

What is the housing market like in Park Rapids today?

$335K

Sale Price

+15.5%
since last year

$159

Sale $/Sq. Ft.

-6.5%
since last year

Under List Price

1.9%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Park Rapids and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Park Rapids add value to a home.

How hot is the Park Rapids housing market?

Park Rapids is somewhat competitive. Homes sell in 41 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 41 days.
Hot homes
can sell for around list price and go pending in around 16 days.

Compare With Nearby Cities

Menahga

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 21 days.
Hot homes
can sell for around list price and go pending in around 5 days.

Nevis

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% below list price and go pending in around 16 days.
Hot homes
can sell for about 1% above list price and go pending in around 7 days.

See more nearby cities and neighborhoods

Park Rapids Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Park Rapids that sold recently

Recently sold homes

SOLD NOV 25, 2025
$198,000 Last Sold Price
2 beds
2 baths
—sq ft
14590 Gazebo Dr #10, Park Rapids, MN 56470
List Price
$198,000
Sale to List
0% over list
Days on Market
139 days
14590 Gazebo Dr #10, Park Rapids, MN 56470
SOLD NOV 21, 2025
$270,000 Last Sold Price
2 beds
2 baths
—sq ft
17771 State 34, Park Rapids, MN 56470
List Price
$279,900
Sale to List
4% under list
Days on Market
151 days
17771 State 34, Park Rapids, MN 56470
SOLD NOV 17, 2025
$327,900 Last Sold Price
5 beds
3 baths
—sq ft
1003 Balsam Ln, Park Rapids, MN 56470
List Price
$329,900
Sale to List
1% under list
Days on Market
80 days
1003 Balsam Ln, Park Rapids, MN 56470
SOLD NOV 17, 2025
$330,000
3 beds
1 bath
893 sq ft
308 E River Dr, Park Rapids, MN 56470
List Price
—
Sale to List
—
Days on Market
—
308 E River Dr, Park Rapids, MN 56470
SOLD NOV 14, 2025
$310,000 Last Sold Price
2 beds
1 bath
—sq ft
18449 Ithaca Dr, Park Rapids, MN 56470
List Price
$325,000
Sale to List
5% under list
Days on Market
21 days
18449 Ithaca Dr, Park Rapids, MN 56470
SOLD NOV 14, 2025
$124,900 Last Sold Price
3 beds
2 baths
—sq ft
17373 Beaver Dr, Park Rapids, MN 56470
List Price
$119,900
Sale to List
4% over list
Days on Market
44 days
17373 Beaver Dr, Park Rapids, MN 56470
SOLD NOV 10, 2025
3D WALKTHROUGH
$352,000 Last Sold Price
4 beds
3 baths
—sq ft
17561 Denkbar Loop, Park Rapids, MN 56470
List Price
$359,999
Sale to List
2% under list
Days on Market
69 days
17561 Denkbar Loop, Park Rapids, MN 56470
SOLD NOV 7, 2025
$284,900 Last Sold Price
3 beds
2 baths
—sq ft
18772 Estate Dr, Park Rapids, MN 56470
List Price
$294,900
Sale to List
3% under list
Days on Market
182 days
18772 Estate Dr, Park Rapids, MN 56470
See all recently sold homes in Park Rapids.
See listings

Schools in Park Rapids

Learn about schools in the Park Rapids area

Elementary
Middle
High

GreatSchools Rating

7/10 Park Rapids Area Century Elementary School Public • PreK-4	618 Students	2 reviews
3/10 Park Rapids Area Century Middle School Public • 5-8	497 Students	2 reviews
1/10 Century Middle School Within A School Public • 5-8	- Students	N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Park Rapids housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Park Rapids.

Heat Factor - Minimal

69% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Park Rapids

New Listings in Park Rapids

Zip Code Housing Markets

Nearby City Housing Markets

Zip Code Listings

Nearby City Listings

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.