House Prices

House Prices & Home Values Parkers Prairie, MN 2026


Average Data

average house price$238,700
average size per house1523 ft²
average price per ft²157 $ / ft²

05/22/2026 - The value range (VR) for house prices in Parkers Prairie, MN is $119/ sqft to $119/ sqft. An average home with 1523 sqft costs approximately $181,237 to $181,237. Parkers Prairie, MN includes 1 ZIP codes and it is located in Otter Tail county. The lowest prices are found in ZIP 56361, while the highest are in ZIP 56361. The average price per sqare feet is $157. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Parkers Prairie

56361110 $ / ft²




Historical development of home values in Parkers Prairie

Year Estimated value (USD) Change vs. 2025
2010 $110,857 -53.6%
2011 $106,570 -55.4%
2012 $106,283 -55.5%
2013 $110,255 -53.8%
2014 $115,738 -51.5%
2015 $121,678 -49.0%
2016 $128,028 -46.4%
2017 $134,938 -43.5%
2018 $142,398 -40.3%
2019 $149,001 -37.6%
2020 $156,704 -34.4%
2021 $178,233 -25.3%
2022 $207,780 -13.0%
2023 $219,114 -8.2%
2024 $231,790 -2.9%
2025 $238,700 0.0%

Graph: estimated home values in Parkers Prairie over time (USD)



Example: 100% financing house in Parkers Prairie

Loan amount: $238,700

Interest rate: 6.00%

Fixed monthly payment: $1,431.13

Breakdown in the 1st month:
Interest portion: $1,193.50  –  Principal portion: $237.63

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,242.26 $2,931.26 $235,768.74
2 $14,061.47 $3,112.06 $232,656.68
3 $13,869.52 $3,304.00 $229,352.68
4 $13,665.74 $3,507.79 $225,844.89
5 $13,449.39 $3,724.14 $222,120.75
6 $13,219.69 $3,953.84 $218,166.91
7 $12,975.83 $4,197.70 $213,969.21
8 $12,716.92 $4,456.60 $209,512.61
9 $12,442.05 $4,731.48 $204,781.13
10 $12,150.22 $5,023.31 $199,757.83
11 $11,840.39 $5,333.13 $194,424.69
12 $11,511.46 $5,662.07 $188,762.63
13 $11,162.23 $6,011.29 $182,751.33
14 $10,791.47 $6,382.06 $176,369.28
15 $10,397.84 $6,775.69 $169,593.59
16 $9,979.93 $7,193.60 $162,400.00
17 $9,536.24 $7,637.28 $154,762.71
18 $9,065.19 $8,108.33 $146,654.38
19 $8,565.09 $8,608.44 $138,045.95
20 $8,034.14 $9,139.39 $128,906.56
21 $7,470.44 $9,703.08 $119,203.48
22 $6,871.98 $10,301.55 $108,901.93
23 $6,236.60 $10,936.92 $97,965.00
24 $5,562.03 $11,611.49 $86,353.51
25 $4,845.86 $12,327.66 $74,025.85
26 $4,085.52 $13,088.01 $60,937.85
27 $3,278.28 $13,895.24 $47,042.60
28 $2,421.25 $14,752.27 $32,290.33
29 $1,511.36 $15,662.16 $16,628.17
30 $545.36 $16,628.17 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Parkers Prairie, MN


1500 sqft3900 sqft
Ø selling price$284,956$606,177
Ø fast selling$259,051$545,560
Ø high price sale$310,860$666,795

In 2026, houses in Parkers Prairie, MN will be offered at an average price of $157 per square foot. A 1,500 sqft home priced at $284,956 is 21.14% more expensive per square foot than a 3,900 sqft home priced at $606,177. Home prices in Parkers Prairie, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $419,662. Sellers who can wait longer may achieve a higher price of up to $512,920.

FAQ – Home Values in Parkers Prairie

What is the median home value in Parkers Prairie in 2026?

In 2026, the typical home value in Parkers Prairie is about $238,700 for an average home size of 1523 square feet. This corresponds to an average price of roughly $157 per square foot.

What is the average cost per square foot in Parkers Prairie?

In 2026, homes in Parkers Prairie sell for an average of around $157 per square foot, with a typical range between $119 and $119 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Parkers Prairie is about 1523 square feet, with an estimated 2026 value around $238,700.



Locations close to Parkers Prairie, MN

Paynesville, MN95 $ / ft²
Pease, MN209 $ / ft²
Pierz, MN99 $ / ft²
Osakis, MN148 $ / ft²
Onamia, MN108 $ / ft²
Ogilvie, MN117 $ / ft²




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