Brainerd, MN metro area Housing Market

Cold Market

Comprehensive housing market data for the Brainerd, MN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$342K

1.9% YoY

Days on Market

95 days

50.8% YoY

Active Inventory

424

6.8% YoY

Homes Sold

78

2.5% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Brainerd, MN metro area Market Summary

The Brainerd, MN metro area housing market is cooling down. As of March 2026, the median home sale price is $342K, up 1.9% year-over-year. Homes are spending a median of 95 days on the market, 50.8% longer than a year ago.

There are 424 homes for sale — 6.8% more than last year. With 5.4 months of supply, this is a balanced market. 179 new listings were added during this period, down 9.6% year-over-year.

Homes are selling for 97.6% of their list price on average, suggesting room for negotiation. 20.5% of homes sell above their asking price. 15.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 5.4
Days on Market 95
Price Drops 15.1%
Sale-to-List Ratio 97.6%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 21.8%
Days on Market (National: 55) 72.7%
Inventory (National: 1,314,690) 100.0%

vs. Minnesota Median

Median Price (Minnesota: $356K) 4.0%
Days on Market (Minnesota: 44) 115.9%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 22% below the national median, which could indicate stronger cash flow potential.

Brainerd, MN metro area Market Trends

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Detailed Market Metrics

Median List Price

$400K

Price per Sq Ft

$184

Sale-to-List Ratio

97.6%

Months of Supply

5.4

Sold Above List

20.5%

Price Drops

15.1%

New Listings

179

9.6% YoY

Pending Sales

118

Off Market in 2 Weeks

33.9%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.