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MN area data

Pelican rapids, MN

Pelican rapids, MN.

Population: 5,827 (Census ACS)

Home values & appreciation

Median home value
$406,965
1-year appreciation
+6.0%
3-year appreciation
+13.6%
5-year appreciation
+31.5%
10-year appreciation
+96.5%
All-time peak (2026-07)
$406,965
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$225,750
Median list price
$650,000
Median days on market
95 days
Sale-to-list ratio
92.2%
Active listings
51
1-year forecast
+2.5%
New listings (monthly)
13

Rents

2-bedroom fair-market rent (HUD reference)
$980/mo
3BR fair-market rent
$1,360/mo

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
winterWeather, coldWave, strongWind, hail, inlandFlooding
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
28.1 in

Walkability & transit

Walkability index
3.7 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Pelican Rapids Muni-Lyon's Field (3 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
5.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+103 tax filers

Housing stock

Median year housing built
1,980
Median annual property tax
$2,490
Mean commute to work
24 min
Households with broadband internet
73.3%

Employment & development

Total county employment
18,676
Average weekly wage
$942
Top industries (by employment)
Accommodation & Food, Construction, Administrative Services
Annual residential building permits (county)
55

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents