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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 August 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

Apr 1, 2026 - Jun 30, 2026

Median sale price
$276K
+49% from Q1 '26
Median list price
$223K
+114% from Q1 '26
Active listings
15
+36% from Q1 '26
Homes sold
2
-33% from Q1 '26
New pendings
9
+80% from Q1 '26
New listings
11
+175% from Q1 '26

Quarterly Pricing Trends for Pelican Rapids

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

Quarterly Pricing Trends for Pelican Rapids Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $125K 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: $177K 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: $240K 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: $173K 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: $211K Median sale price in Jan 2026 - Mar 2026: $185K Median sale price in Apr 2026 - Jun 2026: $276K 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: $229K 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: $250K 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: $199K 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: $315K 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: $223K Jul 2021 - Sep 2021 Median sale price $125K Median list price Unknown 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 $177K Median list price $229K 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 $240K Median list price $250K 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 $199K Jul 2024 - Sep 2024 Median sale price $173K 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 $315K Jul 2025 - Sep 2025 Median sale price $245K Median list price $189K Oct 2025 - Dec 2025 Median sale price $211K 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 $223K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
17
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 (Apr 2026 - Jun 2026).

Pelican Rapids home values in this rolling three-month view are up sharply from a year ago, with the typical home value rising about a quarter. At the same time, homes are taking much longer to sell than last June, as median days on market jumped from roughly a month to just over three months. Inventory conditions also shifted dramatically year over year, with months of supply climbing from under five months to well into double digits.

In the latest period ending June 2026, the typical home value sits around $276,000, while the median list price is lower, near $223,000. Sellers are facing slower activity, as only two homes sold in this window compared with seven a year earlier, and none sold above list price even though the average sale-to-list ratio is just over 96 percent.

At the same time, leading indicators show some buyer interest, with pending sales up nearly 30 percent year over year and new listings holding roughly steady. The high months of supply, currently about 17 months, points to ample choice for buyers despite the broader seller’s market label. With homes spending about 103 days on the market and a relatively small number of completed sales, conditions can feel uncertain for both sides of the table. Buyers and sellers in Pelican Rapids can use Agent Pronto to connect with a local agent who understands these trends and can guide them through the process.



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.

“Stephanie was responsive and forthright throughout the sale process. She priced my property well and responded quickly to get showings scheduled right away. Every question I had was answered throughly and in a timely manner. The stager and photographer that she recommended did a fantastic job. I hightly recommend Stephanie's services!”

Beth · St. Paul, MN

Photo of Stephanie Wimber
RE/MAX Advantage Plus
“We love Michelle, she handles everything and keeps us informed with all the necessary info. We will continue to recommend her to everyone!”

Christa · Fargo, ND

Photo of Michele Evert
Realty Xperts
“Working with John mad my first time buying a house super easy and comfortable. I trusted John's word and felt confident that he would NOT lead us wrong when looking at houses. He wasn't afraid to tell us the truth if it meant finding out perfect home. I don't think working with another realtor that this would've gone so smoothly. John's working with us will forever be part of my first homeowner experience. And if I were to be selling/buying again I would 100% be working with him again.”

Vanessa Weishaar · Fargo, ND

Photo of John Colvin
Century 21 FM Realty
“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
Century 21 Atwood
“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
“Susan helped me sell my dad's house after he unexpectedly passed away in 2025. She was so kind and empathetic about my situation, and very patient as it took us months to empty the house before it was listed. But from the start she worked hard to get us the right resources and information. She was incredibly helpful during the selling process and gave great suggestions on price. She made the process pretty easy!”

Cyndi · Apple Valley, MN

Photo of Susan Jackson
RE/MAX Results
“We strongly recommend Larry Nielson for selling/buying your next home. He was very knowledgeable, confident and easy to work with.”

Fran & Lisa · Lake City, MN

Photo of Larry Nielson
Nielson Real Estate Services
“Becky was incredible to work with and helped us not only with the purchase of our home in Florida, but was a huge help through our whole process of moving from Minnesota and even assisted with finding a rental until we could find a place to build. Truly went above and beyond and took the time to really understand what we want. Highly recommend!”

Dustin · Lakewood Ranch, FL

Photo of Becky Gonzales
RE/MAX Profere
“Selling this house was particularly stressful with a few pitfalls. Marissa helped us navigate through them and stayed on top of the details. She always had our best interest in mind. We appreciate her persistence and will recommend her to our friends.”

Mary and Rick · Sauk Rapids, MN

Photo of Marissa Haakonson
Marissa Haakonson Real Estate brokered by eXp Realty
“I purchased my first home with the help of Heather Warner. From a quick google search of realators specializing in first time homebuyers I found the Barker Hedges team which led me to Heather. Leaning heavily on her experience I had unwavering faith in her to provide valuable consultation in all aspects of the house buying process. Strongly reccomend Heather to any homebuyers. She simplified the process for me tremedously and will was extremely honest in the house touring process. She will be a strong voice for you communicating at a very high level.”

Nate · Blaine, MN

Photo of Heather Warner
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

PCG · Rochester, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“Jennifer was a pleasure to work with, along with being professional and educated on all aspects of the transaction. She was able to provide insight into the market and reacted to the situation. Plus we had lots of fun working together!”

Diane Smith · Tampa, FL

Photo of Jenny Dedrick
exp realty
“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
“I had an exceptional experience working with my real estate agent in selling my house in Plymouth, Minnesota. He provided invaluable advice on repairs, staging, and pricing, ensuring that every aspect of the sale was optimized. He even took the time to show me comparable properties, helping me determine the best listing price. Thanks to his expertise and dedication, I’m taking the time to leave reviews on multiple websites. I couldn’t have asked for a better realtor.”

Josh · Plymouth, MN

Photo of Minnesota Property Group
RE/MAX Results
“Shari was wonderful to work with. We have known each other for years but never worked together in this capacity. It is very obvious how much she loves her job! She was knowledgable and took my needs into consideation throughout the whole process. It was wonderful to work with her!”

Michele Berndt · Albertville, MN

Photo of Shari McGuire
Pemberton RE
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“All went well. Carly was great and responded immediately to any inquiries.”

Alan N. · Duluth, MN

Photo of Carly Gosar
Messina & Associates
“Great job. Skip was great to work with.”

Mary C. · St. Cloud, MN

Photo of Skip Halverson
RE/MAX Results
“Chad Luscomb was very polite, helpful, knowledgeable and professional. I would recommend him in a heartbeat to anyone looking to sell a home!”

Eric K. · Mankato, MN

Photo of Chad Luscomb
Coldwell Banker River Valley REALTORS

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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