Is Zimmerman, MN 55398 a buyer’s or seller’s market?
Zimmerman is a seller’s market. With about 2.4 months of supply and 44% 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 supply2.4Under 4 months = seller’s market
Sold above original list43.6%Share of sales, last 3 months
Median sale-to-list100.2%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$193▲ +2.2% vs. last year
Run the numbers for 55398
Nearby markets
Becker 55308Seller’s market $193 /sq ftBig Lake 55309Seller’s market $187 /sq ftClear Lake 55319Balanced $216 /sq ftElk River 55330Seller’s market $198 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology