56572
Pelican Rapids, Minnesota.
Pelican Rapids, Otter Tail County, MN · Fergus Falls, MN metro · population 5,827
to buy the typical home at today's mortgage rate — +$1,185 (+133%) since Jan 2020.
- 1 year
- Up $21,307 +6%
- $373,874$395,180 since Sep 2025
- 5 years
- Up $92,975 +31%
- $302,205$395,180 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 56572$2,074
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in zip 56572 rose 5.7% over the past year — faster than the nation's +1.2%.
This zip spans 4 counties: Otter Tail County, MN 92% · Clay County, MN 4% · Becker County, MN 3% · Wilkin County, MN 0%
Zillow also publishes an index for the city itself: Pelican Rapids, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 56572
Mid-tier homes, smoothed and seasonally adjusted.
- 56572$395,180
- Fergus Falls$334,667
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 10.4 | 56534 | Erhard | 1,201 | — | $326,840 |
| 10.9 | 56587 | Vergas | 1,339 | — | $397,433 |
| 14.1 | 56528 | Dent | 1,623 | — | $398,102 |
| 14.2 | 56533 | Elizabeth | 286 | — | $221,099 |
| 15.4 | 56579 | Rothsay | 1,050 | — | $268,747 |
| 16.8 | 56514 | Barnesville | 3,994 | — | $305,119 |
| 17.6 | 56511 | Audubon | 2,006 | — | $470,466 |
| 19.3 | 56554 | Lake Park | 2,752 | — | $407,620 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.