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Pelican Rapids, MN real estate

Compare top Pelican Rapids real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for November 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Pelican Rapids real estate Market Report.

Information and statistics on the latest trends in the Pelican Rapids real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$193K
-30% from Q2 '26
Median list price
$186K
-13% from Q2 '26
Active listings
18
+29% from Q2 '26
Homes sold
14
+600% from Q2 '26
New pendings
9
+13% from Q2 '26
New listings
8
-20% from Q2 '26

Quarterly Pricing Trends for Pelican Rapids

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Pelican Rapids Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $280K Median sale price in Jan 2022 - Mar 2022: $186K Median sale price in Apr 2022 - Jun 2022: $155K Median sale price in Jul 2022 - Sep 2022: $174K Median sale price in Oct 2022 - Dec 2022: $180K Median sale price in Jan 2023 - Mar 2023: $43K Median sale price in Apr 2023 - Jun 2023: $149K Median sale price in Jul 2023 - Sep 2023: $145K Median sale price in Oct 2023 - Dec 2023: $175K Median sale price in Apr 2024 - Jun 2024: $170K Median sale price in Jul 2024 - Sep 2024: $162K Median sale price in Oct 2024 - Dec 2024: $191K Median sale price in Jan 2025 - Mar 2025: $188K Median sale price in Apr 2025 - Jun 2025: $220K Median sale price in Jul 2025 - Sep 2025: $245K Median sale price in Oct 2025 - Dec 2025: $200K Median sale price in Jan 2026 - Mar 2026: $185K Median sale price in Apr 2026 - Jun 2026: $276K Median sale price in Jul 2026 - Sep 2026: $193K Median list price in Oct 2021 - Dec 2021: $99K Median list price in Jan 2022 - Mar 2022: $150K Median list price in Apr 2022 - Jun 2022: $190K Median list price in Jul 2022 - Sep 2022: $204K Median list price in Oct 2022 - Dec 2022: $60K Median list price in Jan 2023 - Mar 2023: $130K Median list price in Apr 2023 - Jun 2023: $229K Median list price in Jul 2023 - Sep 2023: $170K Median list price in Oct 2023 - Dec 2023: $209K Median list price in Jan 2024 - Mar 2024: $230K Median list price in Apr 2024 - Jun 2024: $190K Median list price in Jul 2024 - Sep 2024: $176K Median list price in Oct 2024 - Dec 2024: $240K Median list price in Jan 2025 - Mar 2025: $275K Median list price in Apr 2025 - Jun 2025: $255K Median list price in Jul 2025 - Sep 2025: $189K Median list price in Oct 2025 - Dec 2025: $243K Median list price in Jan 2026 - Mar 2026: $104K Median list price in Apr 2026 - Jun 2026: $213K Median list price in Jul 2026 - Sep 2026: $186K Oct 2021 - Dec 2021 Median sale price $280K Median list price $99K Jan 2022 - Mar 2022 Median sale price $186K Median list price $150K Apr 2022 - Jun 2022 Median sale price $155K Median list price $190K Jul 2022 - Sep 2022 Median sale price $174K Median list price $204K Oct 2022 - Dec 2022 Median sale price $180K Median list price $60K Jan 2023 - Mar 2023 Median sale price $43K Median list price $130K Apr 2023 - Jun 2023 Median sale price $149K Median list price $229K Jul 2023 - Sep 2023 Median sale price $145K Median list price $170K Oct 2023 - Dec 2023 Median sale price $175K Median list price $209K Jan 2024 - Mar 2024 Median sale price Unknown Median list price $230K Apr 2024 - Jun 2024 Median sale price $170K Median list price $190K Jul 2024 - Sep 2024 Median sale price $162K Median list price $176K Oct 2024 - Dec 2024 Median sale price $191K Median list price $240K Jan 2025 - Mar 2025 Median sale price $188K Median list price $275K Apr 2025 - Jun 2025 Median sale price $220K Median list price $255K Jul 2025 - Sep 2025 Median sale price $245K Median list price $189K Oct 2025 - Dec 2025 Median sale price $200K Median list price $243K Jan 2026 - Mar 2026 Median sale price $185K Median list price $104K Apr 2026 - Jun 2026 Median sale price $276K Median list price $213K Jul 2026 - Sep 2026 Median sale price $193K Median list price $186K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
20
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Pelican Rapids home values in this rolling three-month view are down from a year ago, with the typical home value declining about 21 percent. Median list prices have slipped only slightly year over year, easing around 2 percent. Even with softer prices, the number of homes sold is up roughly 58 percent compared with the same period last year, pointing to stronger closing activity.

In the latest period ending in September 2026, buyers are seeing a typical home value of about $193,000 and a median list price near $186,000. Inventory is still limited at 18 active listings, and months of supply has tightened sharply to about 1.1 months, reinforcing seller-friendly conditions despite the lower prices.

Homes are moving more quickly than a year ago, with median days on market falling to 46 days, a drop of about 19 percent year over year. Only about 14 percent of recent sales closed above list price, and the average sale-to-list ratio sits near 95 percent, suggesting some room for negotiation on many properties. With new listings down more than 25 percent and pending sales off about 30 percent compared with last year, both buyers and sellers can benefit from an Agent Pronto-recommended real estate professional who understands Pelican Rapids’ shifting dynamics and can guide them through each step.



Learn more about what Pelican Rapids has to offer.

Pelican Rapids offers a close-knit community with abundant outdoor recreation, welcoming local amenities, and opportunities for families and individuals to thrive.

Pelican Rapids stands apart from nearby lake country towns with its strong everyday community life wrapped in classic Minnesota resort scenery. The city’s heart is its historic downtown, where local businesses and the iconic Pelican Pete sculpture give a sense of place you do not find in larger regional centers like Fargo or Moorhead. Along the Pelican River, residents enjoy easy access to the Sherin Park and Suspension Bridge, a favorite for walks, photos, and year round events.

Outdoor recreation shapes daily life. The city is a gateway to Maplewood State Park, known for its rolling hills, clear lakes, and fall colors. Families appreciate local schools in the Pelican Rapids School District, while the Pelican Rapids Public Library and community organizations keep arts, culture, and lifelong learning in focus. Summer festivals and diverse local restaurants reflect a growing multicultural identity that many new residents find welcoming.

Housing options range from classic in town homes near parks and schools to lake properties in the surrounding countryside and cabin country near Detroit Lakes. Because the market can shift quickly with seasonal demand and lake traffic, timing and preparation matter. Whether you are planning to buy into the community or list a long held property, connecting early with the right local real estate expert through Agent Pronto can help both buyers and sellers make confident, well timed moves in Pelican Rapids.

Find your Pelican Rapids real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Peter was AMAZING!! He helped us from the beginning, and as first time homebuyers we didn’t know much about the process or what to expect, but he made sure to always inform us and help us in every way possible. He went above and beyond, always replying quick and with a kind spirit, sincerely if you’re looking for a realtor, there’s no one better than Peter”

Jelisbert ·

Photo of Peter Trinh
RE/MAX Advantage Plus
“Michele was incredible to work with again! This was our third time working with Michele in regards to buying/selling a home. As always, Michele was very professional, friendly, knowledgeable and punctual. She has helped us both with homes in the Fargo Moorhead West Fargo area and in MN lakes area. Michele has excellent communication skills, was proactive in sharing listings when buying home and in reaching out to potential buyers when selling a home. Michele also proactively communicated with us in all stages of the negiotiation process, offered helpful advice and advocated for us to get us a great deal. We would highly recommend asking Michele to be your realtor and have already recommended her to friends and family!”

Sheila · Pelican Rapids, MN

Photo of Michele Evert
Realty Xperts
“Excellent service from beginning to end. Was absolutely focused on the right investment for our family vs pushing a sale. Will use for all real estate needs moving forward.”

dylandavison j ·

Photo of Régan Englund Real Estate Group
Keller Williams Classic Realty NW
“Roger was great to work with. He gave no pressure to buy and was very knowledgeable on items we did not understand. We would recently his services to everyone.”

Glen Swenson · Perham, MN

Photo of Roger Hahn
EXP Realty
“Caitlin was great both times we worked with her; she was always on top of her game no matter what! She always replied fast to questions or comments, not that there were many of those, given how hands-on she was in explaining everything. She was incredibly knowledgeable about the entire process and had an answer for every question I sent her way. Not to mention how smooth she made the closing process, I thought that was going to be the biggest stressor, but she made it simpler than I thought possible for closing a house! I already absolutely recommend her to everyone I know and have no plans on changing that anytime soon!”

Tim Griffin · Moorhead, MN

Photo of Caitlin Wachsmuth
Vesta Real Estate Brokered by Exp Realty
“We highly recommend Rochelle Roesler to anyone looking for an experienced, trustworthy and very knowledgeable real estate agent. Her communication was amazing! She was super responsive by promptly answering all of our calls and emails. We always felt like we were top priority on her list. From our first meeting to the closing process, Rochelle was by our side. This level of dedication and sincerity is rare in the real estate industry. Rochelle's genuine care and dedication made our journey so much easier and enjoyable. In the end, we found the perfect buyers for our beautiful home. Thanks Rochelle!!”

Jim & Sheila Waclawik · Moorhead, MN

Photo of Rochelle Roesler
Century 21 FM Realty
“Steve was an all around professional to work with. We had a few unique situations to get through on the buying side, and he took the lead and reassured everything would work out. He also did a fantastic job of marketing our house to sell during the slowest January in 4 years. We had a ton of exposure and he helped find the lucky buyers! I would highly recommend working with Steve and the EXP team!”

john schad ·

Photo of Steve Eischens
eXp Realty
“Andrew was very professional and helped our family close on selling our family cabin in less than 4 days. Andrew gave A++ service while helping us from the start to the very end. I highly recommend using Andrew. Very knowledgeable! Chris Caspers”

zuser20190302131109945 ·

Photo of Andrew Yaggie
eXp Realty Andrew Yaggie Real Estate Team
“Jenn Johnson is a great agent! I worked with her on a previous purchase and now this purchase. She always represented us and our needs in a professional manner and with great dedication. She is knowledgeable, friendly, available and works tirelessly. If you are looking for an agent that will absolutely work for you and meet your needs and requirements than select Jenn.”

owlie gray ·

Photo of Jennifer Johnson
Park Co., REALTORS®
“Noah provided excellent pictures/media/decsriptions. He was very strategic in marketing my house and I was able to receive more than my asking price. Noah was very responsive and reassuring throughout the whole process. Highly, Highly Recommended!”

Pam Geyer · Little Falls, MN

Photo of Noah Goedker
eXp Realty
“Dan is easy to work with. He is very responsive to calls, emails and texts. He was with me every step of the way from showing through closing. Dan works with Buyers and sellers and is also a great Pro to have on speed dial if you are an Investor in real estate. I purchased a primary residence using Dan, and have spoken to him about investment real estate and he is full of knowledge and experience.”

shane50787 ·

Photo of Dan Pflugshaupt
Lakeplace.com
“Jill Macnamara was unusual as a realtor...for all the right reasons. We've never had a realtor so attuned to the area and so eager to be the best. She worked so hard to sell our home, I felt like it was her home. It wasn't on the market much more than a week before it was snapped up. She staged it; literally brought in furniture and tasteful pictures and knickknacks; I wanted to move back in it looked so nice. She took her own photographs to get our house online early as a "Coming Soon" property, and her professional photographer then did a wonderful job; Jill even had him make a walkthrough video which was a real attention-getter. She knew local cleaners who were excellent (carpet, entire house) and who worked us into their busy schedule because Jill had recommended them. Even after our house sold, Jill was following up to make sure every document, every check, every little detail was complete and that we were satisfied. Wish all realtors were like this. Jill is a gem.”

casperkatherine ·

Photo of Jill Macnamara
RE/MAX Results

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Pelican Rapids. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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