Pelican Rapids, MN Housing Market
$382,997
5.9% 1-yrThe average Pelican Rapids, MN home value is $382,997, up 5.9% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Pelican Rapids Key Takeaways
Typical Home Values: $382,997
1-Year Value Change: +5.9%
(Data through September 30, 2026)
Pelican Rapids Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Lincoln$334,150
- River Drive$442,549
- Clara Barton$303,956
- Horace Mann$266,700
- Bennett$329,595
- Davies$417,946
- Hawthorne$269,638
- Rose Creek$592,010
- Downtown$279,699
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Pelican Rapids Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Pelican Rapids, MN?
The median home value in Pelican Rapids, MN is $382,997 as of September 2026. This represents a 0.2% increase compared to last month and a 5.9% increase year-over-year.
How have home values changed in Pelican Rapids, MN?
Home values in Pelican Rapids, MN have increased by 0.2% month-over-month and 5.9% year-over-year.
How do home values in Pelican Rapids, MN compare to Otter Tail County, Minnesota, and the national average?
The median home value in Pelican Rapids, MN ($382,997) compares to: Otter Tail County ($354,781), Minnesota ($348,778), and the U.S. national median ($366,157).
