Pelican Rapids, MN Housing Market
The Pelican Rapids housing market is somewhat competitive. The median sale price of a home in Pelican Rapids was $225K last month, up 11.5% since last year. The median sale price per square foot in Pelican Rapids is $101, down 34.8% since last year.
Pelican Rapids Housing Market Trends
In April 2025, Pelican Rapids home prices were up 11.5% compared to last year, selling for a median price of $225K.
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 12 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 13 days.
- Hot homescan sell for about 2% above list price and go pending in around 7 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 2% below list price and go pending in around 18 days.
- Hot homescan sell for around list price and go pending in around 9 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 2% below list price and go pending in around 29 days.
- Hot homescan sell for about 1% above list price and go pending in around 12 days.
Pelican Rapids Migration & Relocation Trends
View houses in Pelican Rapids that sold recently
Recently sold homes
- $814,000 Last Sold Price3 beds3 baths—sq ft22171 Broadwater Dr, Pelican Rapids, MN 56572List Price$859,000Sale to List5% under listDays on Market51 days22171 Broadwater Dr, Pelican Rapids, MN 56572
- $605,000 Last Sold Price3 beds2 baths—sq ft47663 Henry Hill Ln, Dunn Twp, MN 56572List Price$625,000Sale to List3% under listDays on Market68 days47663 Henry Hill Ln, Dunn Twp, MN 56572
- $500,000 Last Sold Price2 beds1 bath—sq ft21890 County Highway 20, Pelican Rapids, MN 56572List Price$525,000Sale to List5% under listDays on Market126 days21890 County Highway 20, Pelican Rapids, MN 56572
- $430,000 Last Sold Price3 beds2 baths—sq ft37094 Twelve Lake Rd, Erhard, MN 56534List Price$449,000Sale to List4% under listDays on Market60 days37094 Twelve Lake Rd, Erhard, MN 56534
- $165,000 Last Sold Price3 beds1 bath—sq ft301 4th St SE, Pelican Rapids, MN 56572List Price$175,000Sale to List6% under listDays on Market44 days301 4th St SE, Pelican Rapids, MN 56572
- $350,000 Last Sold Price—beds—baths—sq ftTBD Poss Beach Rd, Dunn Twp, MN 56572List Price$375,000Sale to List7% under listDays on Market268 daysTBD Poss Beach Rd, Dunn Twp, MN 56572
- $368,367 Last Sold Price3 beds2 baths—sq ft17631 440th St, Pelican Twp, MN 56572List Price$367,900Sale to List0% over listDays on Market71 days17631 440th St, Pelican Twp, MN 56572
- $250,000 Last Sold Price4 beds2 baths—sq ft209 2nd St NE, Pelican Rapids, MN 56572List Price$249,900Sale to List0% over listDays on Market51 days209 2nd St 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
5/10 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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