Park Rapids Real Estate

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Park Rapids, Minnesota
Average Home Sizes and Asking Prices

Updated On: May 16, 2012
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
56470 2,700 sf $276,000 2,000 sf $279,000 197


56470 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  22   $266k
 1 Year Ago  5   $306k
 6 Months Ago   3   $358k
 1 Month Ago  79   $283k
 Today  85   $281k
*Averaged for 3 bedroom active listings



Change and Trend of Asking Price in 56470


Sold Price History in 56470
56470 sold real estate price trend
Demographics & Schools Mortgage Calculator Area Map

Park Rapids Real Estate & Homes for Sale in Minnesota

Welcome to Park Rapids, Minnesota, a wonderful community located in Hubbard County. It is the location of Itasca State Park, the source of the Mississippi River. The natural attractions in the Park Rapids Minnesota area include more than 400 lakes, rivers and streams and more than 3 million acres of forests.



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Park Rapids Real Estate Market Info - Prices of Houses for Sale in Park Rapids


Buyers looking to purchase a home in the pleasant community of Park Rapids will find that the area predominantly offers listings of single family homes, with a few listings of condos and townhomes. Prices for Park Rapid's single family homes run the pricing spectrum of $15,000 to $1.2million. A 2-bedroom/2 bathroom condo or townhome in Park Rapid starts at just under $150,000.


Park Rapids Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $279,031 compared to $289,922 the previous week, showing a decrease of less than -4%.  For Wednesday, May 16th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 3.02%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.38%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Park Rapids MN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Park Rapids to help you find the best home!


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