Brainerd Housing Market Report March 2025•Crow Wing County, Minnesota

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Housing Prices in Brainerd, MN

How much do homes in Brainerd, MN cost?

Housing Market Conditions

Is Brainerd, MN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Brainerd is a Seller's Market

Difference Since March 2024

Since last year, Brainerd has remained a Seller's Market.

Insight

Brainerd is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$310,166$172/SqFt
+$30,200
+10.8%

Based on all homes sold in the last 12 months

Insight

Homes in Brainerd have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Brainerd was $310,166 in March 2025, up 10.8% from last year, and the median price per square foot was $172.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Long Lake Township
+21.7%
First Assessment
+13.5%
Brainerd
+10.8%
Baxter
+2.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$127.4K$259.9K
+104.0%
2$228K$220.4K
-3.3%
3$265K$305K
+15.1%
4$364K$385K
+5.8%
5$525K$549.9K
+4.7%

Summary: Brainerd housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +104.0%. The home price for 2 bedroom homes decreased by -3.3%. The home price for 3 bedroom homes increased by +15.1%. The home price for 4 bedroom homes increased by +5.8%. The home price for 5 bedroom homes increased by +4.7%.

How does Brainerd, MN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Brainerd, MN

Housing supply in Brainerd, MN

How many homes are available in Brainerd, MN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
138Last MonthMar 2025
1042 months agoFeb 2025
+32.7 %
Change MoMFeb – Mar

Summary: The Brainerd real estate market had 138 homes for sale in Mar 2025, a 32.7 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
24Last MonthMar 2025
122 months agoFeb 2025
+100.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
134
+33.3%
22532
+28.0%
33860
+57.9%
42830
+7.1%
51012
+20.0%

Summary: Brainerd housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +33.3%. The inventory for 2 bedroom homes increased by +28.0%. The inventory for 3 bedroom homes increased by +57.9%. The inventory for 4 bedroom homes increased by +7.1%. The inventory for 5 bedroom homes increased by +20.0%.

Asking Price vs. Sold Price

How much do homes in Brainerd, MN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price6 Homes

At Asking Price8 Homes

Under Asking Price10 Homes

Insight

If you're buying a home in Brainerd, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Brainerd in March 2025, up by 100.0% month-over-month. Of the 24 sold homes, 42% were sold under asking, 33% were sold at asking, and and 25% were sold over asking.

Days on Market for Brainerd, MN

How long does it take to sell a home in Brainerd, MN?

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days8 Homes

Over 90 Days7 Homes

Insight

Many homes in Brainerd are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 24 homes were sold in Brainerd; 38% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
75 DaysThis YearMar 2025
41 Days1 year agoMar 2024
+83.6 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Brainerd had an average listing age of 75 days in Mar 2025, up by 83.6% compared to the previous year.

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Newest Listings in Brainerd, MN

What homes are available in Brainerd, MN?

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Nearby markets

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Last updated on: 4/26/2025, 12:52:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.