40 homes sold in Cormorant Township in the last year, at a typical $406K
Redfin reports Cormorant Township’s sales by ZIP code, so these figures are for ZIP 56554, which takes in Cormorant Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cormorant Township homes are listed.
Every place Cormorant Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Cormorant Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Cormorant Township’s sales, at a typical — (year to May 2026)
40 homes sold in the year to September 2026.
About as many homes sell as usual, at twice the 2016 price
40 sales in the last year, against 59 in 2021 and a low of 1 in 2012. The typical sale went from $212K in 2016 to $406K.
Source: Redfin Data Center, MLS sales; for ZIP 56554, which takes in Cormorant Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Bidding wars in Cormorant Township are more common than before the pandemic, but 45% fewer homes come up for sale
We read every month of home sales in ZIP 56554 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 40 sales.
If you’re buying in Cormorant Township
- Shop in May. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
- Offer under asking. Buyers paid 97.2% of the list price on average; 21% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 7 a month), but July is the most competitive: 29% of July sales close over asking. February has the least competition (4%) but only about 2 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Minnesota
| Cormorant Township now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 21% | 13% | 28% | 29% |
| Gone within two weeksShare of homes under contract within 14 days | 50% | 2% | 5% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 97.2% | 95.4% | 98.9% | 99% |
| Days to sellMedian days from listing to contract | 30 | 96 | 77 | 38 |
12 homes for sale on a typical day
That’s 11.2 times the 2012 low (1), 45% fewer than in 2017–19 and well under 2018’s 27.
Source: Redfin Data Center, ZIP code tracker; for ZIP 56554, which takes in Cormorant Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Cormorant Township home costs about $2,339 a month
Price: Cormorant Township’s typical sale, last 12 months. Property tax at Cormorant Township’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cormorant Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. January has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $406K home, about $2,650 a year.
Taxes vs. neighborsSchools
The schools grade for Cormorant Township, from test results, graduation and how much students grow.
Schools in Cormorant TownshipTypical commute
The average one-way trip to work for people who live in Cormorant Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Hawley, Detroit Lakes, Pelican Rapids and Barnesville sell for less a square foot
The busier markets within 25 miles of Cormorant Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Detroit Lakes | 170 | $317K | $188 | 10% | 47 |
| Barnesville | 49 | $235K | $144 | 23% | 35 |
| Cormorant Township (ZIP 56554) | 40 | $406K | $253 | 21% | 30 |
| Hawley | 31 | $322K | $158 | 38% | 45 |
| Pelican Rapids | 29 | $207K | $126 | 9% | 76 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Cormorant Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cormorant Township. People who follow the town see it, and so do people comparing Cormorant Township with their own town. No commission, no listing fee.
Questions about buying a home in Cormorant Township
What do homes sell for in Cormorant Township, MN?
40 homes sold in the year to September 2026 at a typical $406K, $253 a square foot.
Is Cormorant Township a buyer’s or seller’s market?
A seller’s market: 19 homes were for sale in September 2026 and 5 sold, about 3.8 months of supply. Buyers paid 97.2% of asking on average.
When is the best time to buy in Cormorant Township?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Cormorant Township?
About 0.7% of a home’s value a year. On a $406K home that’s near $2,650.
Where can I see homes for sale in Cormorant Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Cormorant Township’s MLS listings; the search links above open each one filtered to Cormorant Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 56554, which takes in Cormorant Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).