Homes Under $500K in Pelican Rapids, MN

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13 Listings

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Homes Under $500K in Pelican Rapids, MN

13 Listings

Your local brokerage

Steve Merrit

Realty.com

Lic. #40699127

Call Steve

17Active
$159,900
4 bd · 3 ba · 2,267 sqft
308 4th Street SE, Pelican Rapids, MN
Loren M Seifert · Seifert Real Estate & Auction
61Active
$269,900
4 bd · 4 ba · 2,069 sqft
322 3rd Avenue SE, Pelican Rapids, MN
Valerie Bushaw · eXp Realty
75Active
$272,500
4 bd · 3 ba · 2,683 sqft
408 2nd Street SE, Pelican Rapids, MN
Arianna Zavala · REALTY XPERTS

Listing data & MLS disclosures

FargoMoorhead Area Association of REALTORS: The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than Realty.com are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.
NorthstarMLS: Based on information submitted to the MLS GRID as of 2026-08-19 18:07:06 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Pelican Rapids housing market

August 2026 · This period is still settling

Selling at 95.4% of asking price

Buyers here are paying below asking. MLS · 10 sales · as of Aug 28, 2026

Homes that sold · County records, as of Aug 28, 2026

Median sale price: $360,000$227,500–$527,500 typical range
Price per sq. ft.: $419
Sales: 11
Paid in cash: 45.5%

Homes on the market · MLS, as of Aug 28, 2026–Aug 31, 2026

Median list price: $689,000
Homes for sale: 41
Median days on market: 100 days

Price trend · Assessor repeat sales, as of Aug 31, 2026

Year-over-year: -6.3%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 29, 2026

Median home size: 1,040 sq. ft.

Pelican Rapids, MN community profile

Population: 2,567
Median income: $56,455
Housing units: 1,033
People per sq. mi.: 12.7
Area: 202.4 sq. mi.

Source: HJN community data

Explore Pelican Rapids homes

Listing data & MLS disclosures

FargoMoorhead Area Association of REALTORS: The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than Realty.com are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.
NorthstarMLS: Based on information submitted to the MLS GRID as of 2026-08-19 18:07:06 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Your local brokerage

Steve Merrit

Realty.com

Lic. #40699127

Call Steve

Multi-family homes

Co-ops

Your local brokerage

Steve Merrit

Realty.com

Lic. #40699127

Call Steve

Pelican Rapids, MN community profile

Population: 2,567
Median income: $56,455
Housing units: 1,033
People per sq. mi.: 12.7
Area: 202.4 sq. mi.

Source: HJN community data

Pelican Rapids housing market

August 2026 · This period is still settling

Selling at 95.4% of asking price

Buyers here are paying below asking. MLS · 10 sales · as of Aug 28, 2026

Homes that sold · County records, as of Aug 28, 2026

Median sale price: $360,000$227,500–$527,500 typical range
Price per sq. ft.: $419
Sales: 11
Paid in cash: 45.5%

Homes on the market · MLS, as of Aug 28, 2026–Aug 31, 2026

Median list price: $689,000
Homes for sale: 41
Median days on market: 100 days

Price trend · Assessor repeat sales, as of Aug 31, 2026

Year-over-year: -6.3%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 29, 2026

Median home size: 1,040 sq. ft.

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Registered offenders on the map

Your local brokerage

Listing data & MLS disclosures

Pelican Rapids housing market

Homes that sold · County records, as of Aug 28, 2026

Homes on the market · MLS, as of Aug 28, 2026–Aug 31, 2026

Price trend · Assessor repeat sales, as of Aug 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 29, 2026

Pelican Rapids, MN community profile

Explore Pelican Rapids homes

Listing data & MLS disclosures

Your local brokerage

Your local brokerage

Pelican Rapids, MN community profile

Pelican Rapids housing market

Homes that sold · County records, as of Aug 28, 2026

Homes on the market · MLS, as of Aug 28, 2026–Aug 31, 2026

Price trend · Assessor repeat sales, as of Aug 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 29, 2026