Homes for Sale in Pelican Rapids, MN

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

Updated 10/05/2026, 8:54 PM CDT from NorthstarMLS

Pelican Rapids sits in the heart of Otter Tail County lake country, an hour from Fargo and surrounded by some of the best water in western Minnesota — Pelican, Lida, and Little Pelican among them. It is the closest premium lake market to the Fargo-Moorhead metro after Detroit Lakes.

Verified Homes for Sale in Pelican Rapids, MN

33 homes for sale in Pelican Rapids, MN — priced $159,900 to $2,650,000, median $689,000, 11 with recent price cuts. Updated daily from NorthstarMLS.

Pelican Rapids is a seller’s market — homes sell for about 96% of list in around 80 days, with roughly 3.2 months of supply (based on 90 days of NorthstarMLS closings).

M Re-Intel: Lakes Market Intelligence — September 2026

If the metro shows leverage shifting, the lakes show its limit. Peak season is ending — more than 1,600 homes are still active across lake country, and nearly 460 arrived in just the past month — yet the one price that never bends is the shoreline itself. Waterfront carries a $595,000 median against $355,000 off the water, a 68 percent premium that held through the entire summer without giving an inch, because it rests on the one thing no cycle can manufacture more of: frontage. Prices soften only where supply can answer demand — near the metro, where Alexandria, Fergus Falls, and Osakis stay busiest at a quarter or more under contract, and in Detroit Lakes, the buyer's counterweight, with the deepest inventory on our board at 154 active and among the slowest to sell. They do not soften in Pelican Rapids, the most water-bound market we track, where 82 percent of its listings sit on a lake at a $795,000 median.

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

Why Buy a Home in Pelican Rapids, MN?

Pelican Rapids is a lakefront market first and a town second, and the numbers make that unusually clear: roughly four out of five homes on the market here sit on water. That is why the median home price, around $689,000, runs higher than Alexandria or Brainerd despite Pelican Rapids being a far smaller community — you are not comparing towns, you are comparing frontage. Waterfront carries a median near $750,000, with the top of the market around $2,650,000. Buyers looking for an in-town, off-water home will find the selection genuinely thin.

The other half of this market is land. About two-thirds of active listings are lots and acreage, which is one of the highest ratios anywhere we work. For buyers who want to build on Otter Tail County water rather than buy someone else's finished house, few markets offer this much to choose from. Otter Tail County has more lakes than any county in Minnesota, and the ones around Pelican Rapids are the reason people drive past closer options to get here — Pelican Lake and Lake Lida in particular hold water quality and frontage that compare with anything in the state.

The practical advantage is distance. Pelican Rapids is roughly an hour from Fargo-Moorhead, which puts it inside true weekend range and makes it workable for remote workers who need occasional office days in the metro. Maplewood State Park is minutes east. Pelican Rapids Public Schools serves the city for families making a permanent move. Property taxes reflect the waterfront-heavy inventory — the median annual bill on a home here runs about $3,400, the highest of the lake markets we cover, which is what owning water costs.

Neighborhoods in Pelican Rapids

Frontage on Pelican Lake, Lake Lida, and Little Pelican is the premium tier and most of what trades here. The River at Dunvilla is the largest active development in the area, with Alivia's Acres and Crystal Hills adding newer inventory. In-town Pelican Rapids has a small selection of year-round homes at far more accessible prices, though the supply is genuinely limited. Buildable lakefront and wooded acreage make up the majority of active listings.

School District: Pelican Rapids Public Schools

Newest Homes for Sale in Pelican Rapids (33+)

  1. 2003 single family home for sale at 44629 Crystal Hills Drive in Pelican Rapids, MN — 3 bed, 2 bath44629 Crystal Hills Drive, Pelican Rapids, MN 56572 — $689,000 · 3 bd / 2 ba · Rambler · Waterfront · Open House Oct 10 · listed Oct 1
  2. 2010 single family home for sale at 44865 267th Avenue in Pelican Rapids, MN — 2 bed, 2 bath44865 267th Avenue, Pelican Rapids, MN 56572 — $389,900 · 2 bd / 2 ba · Patio Home · listed Oct 1
  3. 2019 single family home for sale at 44555 Crystal Hills Way in Pelican Rapids, MN — 3 bed, 2 bath44555 Crystal Hills Way, Pelican Rapids, MN 56572 — $829,000 · 3 bd / 2 ba · Two Story · Waterfront · listed Sep 24
  4. 1948 single family home for sale at 17737 State Highway 108 in Pelican Rapids, MN — 4 bed, 3 bath17737 State Highway 108, Pelican Rapids, MN 56572 — $549,900 · 4 bd / 3 ba · Rambler · Acreage · listed Sep 17
  5. 2018 single family home for sale at 24718 W Elbow Road in Pelican Rapids, MN — 3 bed, 2 bath24718 W Elbow Road, Pelican Rapids, MN 56572 — $614,900 · 3 bd / 2 ba · Two Story · Waterfront · Acreage · listed Sep 14
  6. 1937 single family home for sale at 308 4th Street SE in Pelican Rapids, MN — 4 bed, 3 bath308 4th Street SE, Pelican Rapids, MN 56572 — $159,900 · 4 bd / 3 ba · Two Story · listed Sep 8
  7. 1911 single family home for sale at 322 3rd Avenue SE in Pelican Rapids, MN — 4 bed, 4 bath322 3rd Avenue SE, Pelican Rapids, MN 56572 — $269,900 · 4 bd / 4 ba · Two Story · listed Sep 6
  8. 1960 single family home for sale at 408 2nd Street SE in Pelican Rapids, MN — 4 bed, 3 bath408 2nd Street SE, Pelican Rapids, MN 56572 — $272,500 · 4 bd / 3 ba · listed Sep 4
  9. 1961 single family home for sale at 20619 Summer Haven Road in Pelican Rapids, MN — 4 bed, 2 bath20619 Summer Haven Road, Pelican Rapids, MN 56572 — $700,000 · 4 bd / 2 ba · Two Story · Waterfront · listed Sep 2
  10. 1973 single family home for sale at 43740 Bass Harbor Road in Pelican Rapids, MN — 2 bed, 1 bath43740 Bass Harbor Road, Pelican Rapids, MN 56572 — $460,000 · 2 bd / 1 ba · Rambler · Waterfront · listed Sep 1
  11. 1991 single family home for sale at 39282 Moonlight Bay Trail in Pelican Rapids, MN — 4 bed, 6 bath39282 Moonlight Bay Trail, Pelican Rapids, MN 56572 — $914,900 · 4 bd / 6 ba · Rambler · Waterfront · listed Sep 1
  12. 1950 single family home for sale at 23479 430th St, Unit 7 in Pelican Rapids, MN — 2 bed, 1 bath23479 430th St, Pelican Rapids, MN 56572 — $200,000 · 2 bd / 1 ba · Rambler · Waterfront · Acreage · listed Aug 30
  13. 1925 single family home for sale at 50884 County Highway 9 in Pelican Rapids, MN — 3 bed, 4 bath50884 County Highway 9, Pelican Rapids, MN 56572 — $899,900 · 3 bd / 4 ba · Two Story · Waterfront · listed Aug 20
  14. 1954 single family home for sale at 20971 Summer Haven Road in Pelican Rapids, MN — 3 bed, 2 bath20971 Summer Haven Road, Pelican Rapids, MN 56572 — $1,585,000 · 3 bd / 2 ba · Rambler · Waterfront · listed Aug 17
  15. 1959 triplex for sale at 401 1st Avenue SE in Pelican Rapids, MN — 6 bed, 3 bath401 1st Avenue SE, Pelican Rapids, MN 56572 — $289,500 · ▼ $9,000 off (3%) · 6 bd / 3 ba · listed Aug 12
  16. 2022 single family home for sale at 22195 Broadwater Drive in Pelican Rapids, MN — 6 bed, 5 bath22195 Broadwater Drive, Pelican Rapids, MN 56572 — $2,650,000 · 6 bd / 5 ba · Two Story · Waterfront · listed Aug 5
  17. 1982 single family home for sale at 44591 Crystal Hills Way in Pelican Rapids, MN — 3 bed, 1 bath44591 Crystal Hills Way, Pelican Rapids, MN 56572 — $524,900 · ▼ $14,100 off (3%) · 3 bd / 1 ba · Two Story · Waterfront · listed Aug 3
  18. 2017 single family home for sale at 44308 220th Avenue in Pelican Rapids, MN — 4 bed, 3 bath44308 220th Avenue, Pelican Rapids, MN 56572 — $650,000 · ▼ $5,000 off (1%) · 4 bd / 3 ba · Rambler · Acreage · listed Jul 20
  19. 1954 single family home for sale at 48488 Pike Beach Road in Pelican Rapids, MN — 2 bed, 1 bath48488 Pike Beach Road, Pelican Rapids, MN 56572 — $399,900 · ▼ $25,100 off (6%) · 2 bd / 1 ba · Rambler · Waterfront · listed Jul 7
  20. 2021 single family home for sale at 24086 Bass Harbor Trail in Pelican Rapids, MN — 3 bed, 3 bath24086 Bass Harbor Trail, Pelican Rapids, MN 56572 — $1,350,000 · 3 bd / 3 ba · Rambler · Waterfront · Acreage · listed Jun 26
  21. 1940 single family home for sale at 41780 Kansas Point Lane in Pelican Rapids, MN — 5 bed, 3 bath41780 Kansas Point Lane, Pelican Rapids, MN 56572 — $675,000 · ▼ $20,000 off (3%) · 5 bd / 3 ba · Tri-Level · Waterfront · listed Jun 24
  22. 2000 single family home for sale at 25131 Franklin Lake Road in Pelican Rapids, MN — 4 bed, 4 bath25131 Franklin Lake Road, Pelican Rapids, MN 56572 — $699,900 · ▼ $50,000 off (7%) · 4 bd / 4 ba · Two Story · Acreage · listed Jun 19
  23. 1986 single family home for sale at 44662 County Highway 31 in Pelican Rapids, MN — 4 bed, 3 bath44662 County Highway 31, Pelican Rapids, MN 56572 — $1,310,000 · 4 bd / 3 ba · Rambler · Waterfront · Acreage · listed Jun 5
  24. 2011 single family home for sale at 44585 Monument Beach Loop in Pelican Rapids, MN — 3 bed, 2 bath44585 Monument Beach Loop, Pelican Rapids, MN 56572 — $649,000 · ▼ $40,000 off (6%) · 3 bd / 2 ba · Rambler · New Build · Waterfront · Acreage · listed May 27
  25. 1995 single family home for sale at 50468 County Highway 9 in Pelican Rapids, MN — 3 bed, 3 bath50468 County Highway 9, Pelican Rapids, MN 56572 — $825,000 · 3 bd / 3 ba · Rambler · Waterfront · listed May 22
  26. 1968 single family home for sale at 22465 Seifert Beach Road in Pelican Rapids, MN — 3 bed, 1 bath22465 Seifert Beach Road, Pelican Rapids, MN 56572 — $579,000 · 3 bd / 1 ba · Rambler · Waterfront · listed May 21
  27. 1959 single family home for sale at 48978 Fish Lake Road in Pelican Rapids, MN — 3 bed, 1 bath48978 Fish Lake Road, Pelican Rapids, MN 56572 — $429,000 · 3 bd / 1 ba · Rambler · Acreage · listed May 15
  28. 2020 single family home for sale at 51509 County Highway 9 in Pelican Rapids, MN — 4 bed, 3 bath51509 County Highway 9, Pelican Rapids, MN 56572 — $1,081,000 · ▼ $19,000 off (2%) · 4 bd / 3 ba · Two Story · Waterfront · listed May 2
  29. 1948 single family home for sale at 51313 Knoll Road in Pelican Rapids, MN — 4 bed, 4 bath51313 Knoll Road, Pelican Rapids, MN 56572 — $1,399,000 · ▼ $60,000 off (4%) · 4 bd / 4 ba · Rambler · Waterfront · Acreage · listed May 1
  30. 1935 single family home for sale at 23040 S Lizzie Isle in Pelican Rapids, MN — 3 bed, 1 bath23040 S Lizzie Isle, Pelican Rapids, MN 56572 — $1,295,000 · 3 bd / 1 ba · Rambler · Waterfront · Acreage · listed Apr 14
  31. 1971 single family home for sale at 43951 Percheron Loop in Pelican Rapids, MN — 4 bed, 4 bath43951 Percheron Loop, Pelican Rapids, MN 56572 — $740,000 · ▼ $10,000 off (1%) · 4 bd / 4 ba · Rambler · Waterfront · listed Mar 23
  32. 2013 single family home for sale at 25379 Deerpath Loop in Pelican Rapids, MN — 5 bed, 3 bath25379 Deerpath Loop, Pelican Rapids, MN 56572 — $975,000 · ▼ $75,000 off (7%) · 5 bd / 3 ba · Rambler · Waterfront · listed Mar 20
  33. 1992 single family home for sale at 23455 Sunset Beach Trail in Pelican Rapids, MN — 5 bed, 3 bath23455 Sunset Beach Trail, Pelican Rapids, MN 56572 — $1,145,000 · 5 bd / 3 ba · Two Story · Waterfront · listed Jan 13

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Frequently Asked Questions

How much do homes cost in Pelican Rapids, MN?

Homes currently range from about $65,000 to $2,650,000, with a median near $689,000. That median runs higher than Alexandria or Brainerd because roughly four out of five homes on the market here are waterfront — you are comparing frontage, not towns. Waterfront carries a median around $750,000. The live count and today's prices update daily above.

Are there affordable off-water homes in Pelican Rapids?

There are, but the selection is thin. About four out of five homes listed here are on water, so in-town off-water inventory is genuinely limited and moves quickly when it appears. If an off-water year-round home is what you want, it is worth setting up alerts rather than waiting to browse — we can do that for you.

How far is Pelican Rapids from Fargo?

Roughly an hour east. After Detroit Lakes it is the closest premium lake market to the Fargo-Moorhead metro, which puts it inside genuine weekend range and makes it workable for remote workers who need occasional days in the office.

Which lakes are best around Pelican Rapids?

Pelican Lake and Lake Lida are the two that bring buyers past closer options to get here, both known for water quality and strong frontage. Little Pelican and the many smaller lakes across Otter Tail County — which has more lakes than any county in Minnesota — offer quieter water at lower entry prices.

Can I buy land and build on the lake here?

Yes, and this is one of the better markets in Minnesota for it. About two-thirds of active listings are lots and acreage, including lakefront parcels. If you would rather choose the frontage and build to your own plan than buy a finished house, there is real selection here.

What are property taxes like in Pelican Rapids?

The median annual property tax bill on a home here runs about $3,400 — the highest of the lake markets we cover, which reflects how much of this inventory is waterfront. Minnesota's special assessments tend to be smaller than the large specials in newer North Dakota developments. We show the tax figure on every listing page.

How much do you need to make to buy a house in Pelican Rapids, MN?

It depends heavily on your down payment, interest rate, and other debts, but as a rough guide: with Pelican Rapids's median list price around $690,000, a home near that price typically calls for somewhere around $170,000 to $215,000 in household income. Put more down or buy below the median and it drops; less down or a higher rate pushes it up. Run your own numbers on our home affordability calculator, and we'll help you get pre-approved so you know your real budget before you shop.

Is Pelican Rapids, MN a buyer’s or seller’s market right now?

Right now, Pelican Rapids is a seller’s market — homes are selling for about 96% of list price in around 80 days, with roughly 3.2 months of supply, based on the last 90 days of NorthstarMLS closings. Fewer months of supply and homes selling near or above asking favor sellers; more supply and homes sitting longer favor buyers.

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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.