Pelican Rapids, MN Housing Market
The Pelican Rapids housing market is somewhat competitive. The median sale price of a home in Pelican Rapids was $234K last month, down 14.3% since last year. The median sale price per square foot in Pelican Rapids is $113, down 36.4% since last year.
Pelican Rapids Housing Market Trends
In October 2025, Pelican Rapids home prices were down 14.3% compared to last year, selling for a median price of $234K.
since last year
since last year

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How hot is the Pelican Rapids housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 72 days.
- Hot homescan sell for around list price and go pending in around 51 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 46 days.
- Hot homescan sell for around list price and go pending in around 16 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 34 days.
- Hot homescan sell for about 2% above list price and go pending in around 7 days.
Pelican Rapids Migration & Relocation Trends
View houses in Pelican Rapids that sold recently
Recently sold homes
- $650,000 Last Sold Price2 beds1 bath—sq ft46910 Boes Dr, Pelican Rapids, MN 56572List Price$725,000Sale to List10% under listDays on Market81 days46910 Boes Dr, Pelican Rapids, MN 56572
- $130,000 Last Sold Price—beds—baths—sq ft48366 Co Hwy 9, Pelican Rapids, MN 56572List Price$130,000Sale to List0% over listDays on Market37 days48366 Co Hwy 9, Pelican Rapids, MN 56572
- $222,000 Last Sold Price2 beds2 baths—sq ft300 10th Ave SE #104, Pelican Rapids, MN 56572List Price$223,900Sale to List1% under listDays on Market447 days300 10th Ave SE #104, Pelican Rapids, MN 56572
- $315,000 Last Sold Price3 beds2 baths—sq ft212 4th Ave NE, Pelican Rapids, MN 56572List Price$315,000Sale to List0% over listDays on Market209 days212 4th Ave NE, Pelican Rapids, MN 56572
- $190,000 Last Sold Price3 beds2 baths—sq ft18766 State Hwy. #34, Pelican Rapids, MN 56572List Price$184,900Sale to List3% over listDays on Market48 days18766 State Hwy. #34, Pelican Rapids, MN 56572
- $100,000 Last Sold Price—beds—baths—sq ftTBD 147th Ave S, Hawley, MN 56549List Price$115,000Sale to List13% under listDays on Market38 daysTBD 147th Ave S, Hawley, MN 56549
- $215,000—beds—baths700 sq ft20780 Jacobs Beach Rd, Pelican Rapids, MN 56572List Price—Sale to List—Days on Market—20780 Jacobs Beach Rd, Pelican Rapids, MN 56572
- $315,000 Last Sold Price3 beds2 baths—sq ft204 4th Ave NE, Pelican Rapids, MN 56572List Price$315,000Sale to List0% over listDays on Market198 days204 4th Ave NE, Pelican Rapids, MN 56572
See all recently sold homes in Pelican Rapids.
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Schools in Pelican Rapids
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Viking Elementary School Public • PreK-6 | 460 Students | 3 reviews |
Climate's impact on Pelican Rapids housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Pelican Rapids.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minimal
Heat Factor

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