Updated May 2026 · Redfin · 3-month window
56362 Real Estate Market Update: Paynesville, MN, May 2026
The latest housing-market numbers for ZIP code 56362 in Paynesville, Minnesota, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $272K | ▲ +0.9% | ▼ -12.0% |
| Days on market | 35 | ▼ -41.2% | ▼ -10.3% |
| Homes for sale | 25 | ▼ -7.4% | ▲ +78.6% |
| Sale-to-list | 97.0% | ▼ -2.0% | ▼ -2.4% |
| Homes sold | 20 | ▲ +100.0% | • 0.0% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 56362 numbers say
The 56362 ZIP in Paynesville is cooling. The median sale price sits at $272,450, 12.0% below last year. Homes here move fast: a typical listing goes under contract in about 35 days, and sellers are getting 97.0% of list price.
Based on 20 recent sales, 56362 is currently an active market.
What this means if you sell in 56362
Use these figures to set expectations early. Lead a listing appointment with the median price and the 35-day pace, show the year-over-year direction, and frame 56362 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Paynesville post →Frequently asked: the 56362 housing market
- What is the median home price in ZIP 56362 (Paynesville, MN)?
- As of May 2026, the median sale price in ZIP 56362 is $272,450 (-12.0% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 56362 a buyer's or seller's market right now?
- ZIP 56362 is currently an active market, based on a 97.0% sale-to-list ratio, about 35 days on market for May 2026.
- How long do homes take to sell in ZIP 56362?
- A typical listing in 56362 goes under contract in about 35 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 56362 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.