15
Buyer's Markets
15.0
Highest Supply (mo)
$120K
Lowest Median Price
136
Avg Days on Market
| # | City | Months Supply | Median Price | Days on Market | YoY Change |
|---|---|---|---|---|---|
| 1 | Walker | 15.0 mo | $360K | 559 days | N/A |
| 2 | Nisswa | 14.0 mo | $770K | 61 days | N/A |
| 3 | Bemidji | 11.3 mo | $164K | 32 days | N/A |
| 4 | Whipholt | 11.0 mo | $560K | 150 days | N/A |
| 5 | Foley | 8.0 mo | $208K | 93 days | N/A |
| 6 | Remer | 8.0 mo | $697K | 127 days | N/A |
| 7 | Rockville | 8.0 mo | $419K | 419 days | N/A |
| 8 | Crosslake | 7.0 mo | $650K | 40 days | N/A |
| 9 | Lake Shore | 7.0 mo | $590K | 70 days | N/A |
| 10 | Truman | 7.0 mo | $120K | 22 days | N/A |
| 11 | Breezy Point | 6.7 mo | $435K | 59 days | N/A |
| 12 | Hanover | 6.7 mo | $450K | 250 days | N/A |
| 13 | Plainview | 6.5 mo | $279K | 15 days | N/A |
| 14 | Spring Park | 6.5 mo | $472K | 59 days | N/A |
| 15 | Orono | 6.3 mo | $1.19M | 77 days | N/A |
Minnesota currently has 15 buyer's markets—cities where housing inventory exceeds 6 months. In these markets, buyers typically have more negotiating power, can take their time making decisions, and may be able to purchase below asking price.
Work with a local expert who can help you take advantage of buyer-friendly conditions.
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