Homes for Sale in Park Rapids, MN

Browse lake homes, cabins, and waterfront properties for sale in Park Rapids, MN. Jim Christl & Shannon Barnum — Fargo-Moorhead REALTORS® serving Minnesota lake country. Call 701-205-5517.

Park Rapids is the gateway to Itasca State Park and the Mississippi headwaters, surrounded by more than a hundred lakes in Hubbard County. It offers a rare combination for lake country: a working downtown, a hospital, and waterfront inventory deep enough that buyers actually have choices.

Park Rapids, MN Market Snapshot

Live · updated daily from the MLS

Park Rapids homes for sale range from $114,000 to $2,750,000, updated daily from NorthstarMLS.

Park Rapids market today: 74 homes for sale, median list price $447,000, typically 78 days on market. Updated daily from the MLS.

M Re-Intel: Lakes Market Intelligence — August 2026

Peak season is in full swing with over 1,000 active listings across the lakes region. The Alexandria and Brainerd corridors are genuinely hot (28–30% already pending), while the far-north Leech Lake towns are slower — Walker sits at 13%. Waterfront still commands a steep premium: a median of $619K on the water versus $369K off it, about 68% more. Pelican Rapids is the most water-heavy market we track — 78% of its listings are waterfront at a $689K median — and fresh inventory is still pouring in, with Brainerd and Bemidji each adding 40–50 new listings since July 1.

— Jim Christl & Shannon Barnum, Modern Market REALTORS®. Full market intelligence report

Why Buy a Home in Park Rapids, MN?

Park Rapids has unusually deep waterfront inventory for a town its size. Homes currently run from about $30,000 at the low end to $2,750,000 at the top, with a median near $446,000 — and waterfront, at a median around $625,000, makes up a much larger share of the market here than in most lake towns. That depth matters. In tighter markets a buyer waits for the right frontage to come up; in Park Rapids there is usually something to compare against, which is a meaningfully better position to buy from. Buildable land is roughly 40 percent of active listings.

The geography is the reason. Hubbard County holds more than a hundred lakes, and the ones around Park Rapids — Fish Hook, Long, Potato, and the smaller lakes scattered through the surrounding forest — each have their own character and price point. Itasca State Park, where the Mississippi River begins, is a short drive southwest and anchors a steady tourism economy. The Heartland State Trail runs through town on the old rail grade. For buyers who want lake property with genuine public land and trail access rather than just a dock, this is one of the strongest markets in the state.

Park Rapids also works as a permanent address. There is a hospital in town, Park Rapids Area Schools serves the city, and the downtown has held onto real businesses rather than becoming purely seasonal. The median annual property tax bill on a home here runs about $2,700. Fargo is roughly two hours west, which puts Park Rapids within genuine weekend range of the metro — closer than Bemidji or Brainerd — while the Twin Cities are about three and a half hours south.

Neighborhoods in Park Rapids

Lakefront on Fish Hook, Long, and Potato Lakes is the premium tier, with the smaller surrounding lakes offering more affordable frontage and lake-access options. Heartland Heights is the largest active development in town, and Headwaters Estates adds newer construction. The older in-town additions hold year-round homes walkable to downtown at the most accessible prices in the market. Wooded acreage is widely available in the surrounding county, much of it near public land.

School District: Park Rapids Area Schools

Homes for Sale in Park Rapids — Page 2

  1. 400 Riverside Avenue, Park Rapids, MN 56470 — $239,900 · 6 bd / 2 ba
  2. 903 North St E, Park Rapids, MN 56470 — $349,900 · 4 bd / 2 ba
  3. 18256 Ithaca Drive, Park Rapids, MN 56470 — $225,000 · 3 bd / 2 ba
  4. 306 E River Drive, Park Rapids, MN 56470 — $280,500 · ▼ $8,500 off (3%) · 1 bd / 1 ba
  5. 20403 County 1 #5, Park Rapids, MN 56470 — $185,000 · ▼ $10,000 off (5%) · 3 bd / 2 ba
  6. 14844 129th Avenue, Park Rapids, MN 56470 — $529,000 · 3 bd / 2 ba
  7. 20990 110th Street, Park Rapids, MN 56470 — $349,900 · 3 bd / 2 ba
  8. 16038 Discovery Circle, Park Rapids, MN 56470 — $257,500 · 4 bd / 2 ba
  9. 14560 Gazebo Drive, Park Rapids, MN 56470 — $899,000 · ▼ $70,000 off (7%) · 1 bd / 1 ba
  10. 17994 Dayspring Drive, Park Rapids, MN 56470 — $1,999,900 · 5 bd / 5 ba
  11. 12370 County 6, Park Rapids, MN 56470 — $169,900 · 3 bd / 2 ba
  12. 26527 County 7, Park Rapids, MN 56470 — $379,900 · 2 bd / 3 ba

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Frequently Asked Questions

How much do homes cost in Park Rapids, MN?

Homes currently range from about $30,000 to $2,750,000, with a median near $446,000. Waterfront homes carry a median around $625,000 and make up a large share of this market — considerably more than in most lake towns. Buildable land is roughly 40 percent of active listings. The live count and today's prices update daily above.

Which lakes are near Park Rapids?

Hubbard County holds more than a hundred lakes. Fish Hook, Long, and Potato are the largest near town, each with its own character and price point, and dozens of smaller lakes sit within a short drive. Because the inventory here is deep, buyers usually have several properties to compare rather than waiting for the one listing to come up.

How far is Park Rapids from Fargo?

About two hours east — closer than Bemidji or Brainerd, which makes Park Rapids one of the more realistic weekend-cabin markets for Fargo-Moorhead buyers. The Twin Cities are roughly three and a half hours south.

What is there to do around Park Rapids?

Itasca State Park, where the Mississippi River begins, is a short drive southwest and is one of Minnesota's most visited parks. The Heartland State Trail runs through town on the old rail grade for biking and snowmobiling, and the surrounding forest and lakes support fishing, hunting, and skiing year-round.

Is Park Rapids good for year-round living?

Yes. There is a hospital in town, Park Rapids Area Schools serves the city, and the downtown has kept real year-round businesses rather than going fully seasonal. Many buyers here are retirees or remote workers living full-time rather than seasonal cabin owners.

What are property taxes like in Park Rapids?

The median annual property tax bill on a home here runs about $2,700. Minnesota does not use the special assessments common in newer North Dakota developments, so the tax statement is closer to the full picture. We show it on every listing page.

Neighborhoods: Park Rapids Neighborhood Guide | Find Your Neighborhood

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Modern Market REALTORS® — Jim Christl (Broker) & Shannon Barnum (Associate Broker). Serving Fargo, Moorhead, West Fargo, Horace, Detroit Lakes, and Minnesota lake country. Call (701) 205-5517.