Market Intelligence Report — MN-260

Fergus Falls, MN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MN-09
As of the latest 2026 data
Very Weak

Median Listing

$400K
-3.0% YoY

Pending Ratio

0.21
-17.8% YoY

Active Inventory

343
+14.1% YoY

Median DOM

77 Days
-2.5% YoY

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The residential market is currently experiencing very weak demand, with a pending ratio of 0.21, significantly below levels observed in prior periods. Supply continues to outpace absorption, contributing to protracted market conditions.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Fergus Falls market right now.

Inventory levels have expanded considerably over the past year, with active listings up 14.1% year-over-year. New listings also showed a modest increase of 2.9% year-over-year. Concurrently, the pending ratio has declined sharply by 17.8% year-over-year, indicating a substantial deceleration in demand absorption. Median listing prices have exhibited a downward trend, decreasing by 3.0% over the past year, while the share of price reductions has slightly contracted by 3.5% year-over-year from a prior period.

Ryan Hanson
Ryan Hanson
Keller Williams Realty

“Local pricing and inventory dynamics across Fergus Falls shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$400K+0.0% MoM

Active Inventory

343+14.1% YoY

Days on Market

77-2.5% YoY

Sold Score™

27-17.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

27
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.21, the pace of transactions is notably slow, placing considerable inventory pressure on existing supply. This dynamic necessitates greater price discipline from sellers in order to align with current demand levels and facilitate market activity.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

343 active listings represent the current floor, with new supply arriving at roughly 70 per month.

Pricing Pressure
15.1%

of active listings carry a price reduction, -3.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.4% year-over-year.

Absorption
0.21

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Fergus Falls, MN? Inventory is up 14% from last year.

Buyers have leverage in Fergus Falls, MN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
21%
Median Days on Market
77 days
Inventory YoY
+14%

In a buyer's market, strategy beats timing. See how your home scores in Fergus Falls, MN and what moves the number.

See my Sold Score & selling strategy →

Talk to a listing expert who is actively selling in Fergus Falls, MN.

Ryan Hanson →

Keller Williams Realty

How these recommendations are chosen →

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Metro Demographics

Metro Area
Fergus Falls, MN
CBSA Code
22260
State
MN

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