Park Rapids, MN Housing Market

Homes for sale

The Park Rapids housing market is somewhat competitive. The median sale price of a home in Park Rapids was $190K last month, down 2.6% since last year. The median sale price per square foot in Park Rapids is $125, down 3.1% since last year.

Trends
Demand
Migration
Schools
Climate

Park Rapids Housing Market Trends

What is the housing market like in Park Rapids today?

$190K

Sale Price

-2.6%
since last year

$125

Sale $/Sq. Ft.

-3.1%
since last year

Under List Price

2.6%

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 14 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 14 days.
Hot homes
can sell for around list price and go pending in around 1 day.

Compare With Nearby Cities

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.

Menahga

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 36 days.
Hot homes
can sell for about 2% 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 JUL 3, 2025
$120,000 Last Sold Price
3 beds
1 bath
—sq ft
614 4th St W, Park Rapids, MN 56470
List Price
$125,000
Sale to List
4% under list
Days on Market
111 days
614 4th St W, Park Rapids, MN 56470
SOLD JUL 1, 2025
$180,000 Last Sold Price
2 beds
1 bath
—sq ft
601 4th St W, Park Rapids, MN 56470
List Price
$190,000
Sale to List
5% under list
Days on Market
33 days
601 4th St W, Park Rapids, MN 56470
SOLD JUN 30, 2025
$367,000 Last Sold Price
1 bed
1 bath
—sq ft
10221 294th St, Park Rapids, MN 56470
List Price
$379,900
Sale to List
3% under list
Days on Market
54 days
10221 294th St, Park Rapids, MN 56470
SOLD JUN 30, 2025
$280,000 Last Sold Price
5 beds
2 baths
—sq ft
612 Woodland Ave, Park Rapids, MN 56470
List Price
$285,000
Sale to List
2% under list
Days on Market
74 days
612 Woodland Ave, Park Rapids, MN 56470
SOLD JUN 30, 2025
$150,000 Last Sold Price
—beds
—baths
—sq ft
Tract F Brietbach Rd, Park Rapids, MN 56470
List Price
$169,000
Sale to List
11% under list
Days on Market
210 days
Tract F Brietbach Rd, Park Rapids, MN 56470
SOLD JUN 27, 2025
$775,000 Last Sold Price
3 beds
2 baths
—sq ft
27303 Island Trl, Park Rapids, MN 56470
List Price
$790,000
Sale to List
2% under list
Days on Market
113 days
27303 Island Trl, Park Rapids, MN 56470
SOLD JUN 27, 2025
$204,900 Last Sold Price
2 beds
1 bath
—sq ft
22292 County 7 #5, Park Rapids, MN 56470
List Price
$204,900
Sale to List
0% over list
Days on Market
67 days
22292 County 7 #5, Park Rapids, MN 56470
SOLD JUN 27, 2025
$172,000 Last Sold Price
2 beds
1 bath
—sq ft
26315 Icon Dr #102, Park Rapids, MN 56470
List Price
$179,900
Sale to List
4% under list
Days on Market
74 days
26315 Icon Dr #102, 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

6/10 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
NR 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

Countries

United States

Canada

Updated January 2023: 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, TITLE FORWARD, 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. For additional information on Rocket Mortgage or to receive lending services in the State of New York, please visit RocketMortgage.com.

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.