Housing market · ZIP 56470

Park Rapids, MN Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$317,082

3-month+1.5%

6-month+2.5%

12-month+4.3%

Touse 12-month forecast

+3.8%

Projected median near $329,042 over the next 12 months

As of April 2026, the median home value in Park Rapids, MN (ZIP 56470) is $317,082. Prices are stable, up 4.3% over the past year. Touse's model projects a +3.8% change over the next 12 months, putting the median near $329,042.

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Nearby areas in Hubbard

Akeley 56433 Benedict 56436 Lake George 56458 Laporte 56461 Nevis 56467

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.