Is Delano, MN 55328 a buyer’s or seller’s market?
Delano is a seller’s market. With about 3.1 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.1Under 4 months = seller’s market
Sold above original list21.6%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$197▲ +1.2% vs. last year
Run the numbers for 55328
Nearby markets
Albertville 55301Seller’s market $185 /sq ftAnnandale 55302Seller’s market $230 /sq ftBuffalo 55313Seller’s market $185 /sq ftCokato 55321Balanced $164 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology