Mentor Housing Market Report January 2025•Polk County, Minnesota

Housing Prices in Mentor, MN

How much do homes in Mentor, MN cost?

Median List Price

$299,950$303/SqFt

-$299,050

-49.9%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Mentor has decreased by 49.9% since last year.

Summary: The median home list price in Mentor was $299,950 in January 2025, down 49.9% from the previous year, and the median price per square foot was $303.

Median List Price By Bedrooms

Beds	Jan 2024	Jan 2025	Change YoY
11 Bedroom	-	$299.9K	N/A
22 Bedrooms	-	$275K	N/A
33 Bedrooms	$599K	$442.4K	-26.1%
44 Bedrooms	$195K	$284.9K	+46.1%
55+ Bedrooms	$1.2M	-	N/A

Summary: Mentor housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -26.1%. The home price for 4 bedroom homes increased by +46.1%. The home price for 5 bedroom homes did not change.

Housing supply in Mentor, MN

How many homes are available in Mentor, MN?

Number of Homes For Sale

Last Month	2 months ago	Change MoM
8Last MonthJan 2025
82 months agoDec 2024	0.0 % Change MoMDec – Jan

Summary: The Mentor real estate market had 8 homes for sale in Jan 2025, the same as Dec 2024

Homes For Sale By Bedroom Count

Beds	Dec 2024	Jan 2025	Change MoM
11 Bedroom	0	0	0.0%
22 Bedrooms	2	2	0.0%
33 Bedrooms	3	3	0.0%
44 Bedrooms	3	3	0.0%
55+ Bedrooms	0	0	0.0%

Summary: Mentor housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for Mentor, MN

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

Average Listing Age

This Year	1 year ago	Change YoY
131 DaysThis YearJan 2025
213 Days1 year agoJan 2024	-38.1 % Change YoYJan 2024 – Jan 2025

Summary: Homes in Mentor had an average listing age of 131 days in Jan 2025, down by 38.1% compared to the previous year.

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Newest Listings in Mentor, MN

What homes are available in Mentor, MN?

See More Listings

rear view of house featuring a garage and a yard

log home featuring an outbuilding, a garage, and a front lawn

kitchen with appliances with stainless steel finishes, lofted ceiling, sink, a wall mounted AC, and hanging light fixtures

Coming soon

$3,325 Closing Credit¹

$280,000

2 beds • 1 bath • 952 sqft

13492 Edgewood Ln SE, Mentor MN 56736

#6657146, Listing Office: Edina Realty, Inc.

snow covered rear of property featuring a garage

view of front of house featuring an outbuilding and a garage

$7,707 Closing Credit¹

$649,000

4 beds • 3 baths • 1,672 sqft

15647 Sandy Beach Rd SE, Grove Park-Tilden Twp MN 56736

#6639345, Listing Office: RE/MAX Legacy Realty

rear view of property with a deck and a lawn

$2,969 Closing Credit¹

$250,000

2 beds • 1 bath • 600 sqft

14279 Maplehurst Dr SE, Woodside Twp MN 56736

#6623085, Listing Office: LeBlanc Realty

view of front of property featuring a front yard and a garage

view of front of home featuring a garage and a front yard

view of property featuring a front yard and a garage

$3,383 Closing Credit¹

$284,900

4 beds • 1.5 baths • 1,709 sqft

2000 Apple Ln, Montrose MN 55363

#6620041, Listing Office: JPW Realty

ranch-style house with a wooden deck, a front lawn, and an outdoor structure

kitchen featuring a baseboard radiator, a water view, white refrigerator, and hanging light fixtures

kitchen featuring wood ceiling, white appliances, kitchen peninsula, and beamed ceiling

$6,530 Closing Credit¹

$549,900

3 beds • 1 bath • 1,568 sqft

13422 Elmer Hanson Dr SE, Mentor MN 56736

#6615116, Listing Office: Greenberg Realty

XXX 3rd St N, Montrose MN, 55363 land for sale

Listing photo 2 for XXX 3rd St N, Montrose MN 55363

Listing photo 3 for XXX 3rd St N, Montrose MN 55363

$600,000

Land •

XXX 3rd St N, Montrose MN 55363

#6605418, Listing Office: Morgan And Trust Realty

$8,311 Closing Credit¹

$699,900

4 beds • 1 bath • 2,824 sqft

14127 Maple Inn Rd SE, Mentor MN 56736

#6601646, Listing Office: Greenberg Realty

rear view of house with a deck and a lawn

view of dock featuring a water view and a lawn

living room featuring ceiling fan, lofted ceiling, carpet flooring, and wood ceiling

$7,630 Closing Credit¹

$642,500

3 beds • 1 bath • 2,200 sqft

15672 Trinity Point Rd SE, Mentor MN 56736

#6583645, Listing Office: Greenberg Realty, Inc.

back house at dusk with a lawn and a wooden deck

Video tour

$10,000 Closing Credit¹

$919,900

3 beds • 2 baths • 1,836 sqft

14796 Maple Trl SE, Mentor MN 56736

#6543838, Listing Office: Majestic Real Estate

Nearby markets

Nearby markets aren't available for Mentor, MN

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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., for the period 02/01/2023 - 02/01/2025

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Last updated on: 2/5/2025, 9:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.