Is Litchfield, MN 55355 a buyer’s or seller’s market?
Litchfield is a seller’s market. With about 2.6 months of supply and 29% 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 supply2.6Under 4 months = seller’s market
Sold above original list29.3%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$159▲ +4.0% vs. last year
Run the numbers for 55355
Nearby markets
Cosmos 56228 $398 /sq ftDarwin 55324Seller’s market $196 /sq ftDassel 55325Seller’s market $184 /sq ftEden Valley 55329Seller’s market $125 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology