Is Barnum, MN 55707 a buyer’s or seller’s market?
Barnum is a seller’s market. With about 2.1 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 supply2.1Under 4 months = seller’s market
Sold above original list22.2%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$189▲ +0.7% vs. last year
Run the numbers for 55707
Nearby markets
Carlton 55718Seller’s market $198 /sq ftCloquet 55720Seller’s market $204 /sq ftCromwell 55726Seller’s market $246 /sq ftEsko 55733Seller’s market $229 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology