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Foreclosure Homes in Parkers Prairie, MN

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Parkers Prairie, MN Foreclosures

Current Market Conditions in in Parkers Prairie, MN As of March 2026?
In the past month, the Parkers Prairie real estate market has been relatively stable but competitive among buyers, resulting in a slight uptick in home prices. The inventory of homes for sale has decreased, leading to lower average days on market as buyers look to secure properties before interest rates potentially rise again. Local agents report an increase in inquiries, particularly among families looking for more space and quality of life.
How much do homes sell for in Parkers Prairie, MN?
The average home price is currently $336,361.
In Parkers Prairie, MN, how many homes are available?
There are currently 3 active home listings available in Parkers Prairie.
What’s the average rental cost in Parkers Prairie, MN?
The average rental price in Parkers Prairie is $1,345.
What is the most expensive home in Parkers Prairie?
The most expensive home sold in Parkers Prairie had a price of $2,249,232.
What is currently the cheapest priced home in Parkers Prairie, MN?
The cheapest home for sale in Parkers Prairie is priced at $19,600.

Living in Parkers Prairie, MN

Parkers Prairie, MN is a quaint small town known for its friendly atmosphere and outdoor recreation opportunities. Nestled among beautiful lakes, it offers a relaxed lifestyle with community festivals and various local amenities. With a strong focus on family and education, it’s an ideal place for those seeking tranquility in Minnesota.

Buyer vs Seller Market in Parkers Prairie, MN

The real estate market in Parkers Prairie has seen a steady increase in interest as more buyers look for affordable homes in peaceful settings. This trend is driven by remote work opportunities and a desire for residential space away from urban congestion. Homes in the area remain affordable compared to larger Minnesota cities, with a diverse range of properties available.

As of late this year, the market appears stable with a healthy turnover of properties, although buyers are encouraged to act quickly due to a slight decrease in inventory. The area continues to attract those seeking both primary residences and vacation homes, as its scenic properties appeal to a variety of homeowners.

Home Value Estimator For Parkers Prairie, MN

There are currently 1,318 real estate properties in Parkers Prairie, MN, with a median automated valuation model (AVM) price of $269,496.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parkers Prairie, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Parkers Prairie, MN, is $336,361.00, with the most expensive house in Parkers Prairie, MN, topping out at $2,249,232.00 and the cheapest home in Parkers Prairie, MN, clocking in at $19,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Parkers Prairie, MN!

Rent Prices In Parkers Prairie, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parkers Prairie, MN, is on a rollercoaster ride. The average rent price in Parkers Prairie, MN, is $1,345.00. Indeed, when looking to rent in Parkers Prairie, MN, you can expect to pay as little as $560.00 or as much as $2,380.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Parkers Prairie, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Parkers Prairie, MN Foreclosures


Market Trend for Parkers Prairie, MN

Total Listings Available: 3

Market Values:

Home Prices from $19,600 to $2,249,232

Average Sales Price: $336,361

Rental Values:

Rental from $560 to $2,380

Average Rent Value: $1,345 / month

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