Is Bovey, MN 55709 a buyer’s or seller’s market?
Bovey is a seller’s market. With about 2.1 months of supply and 43% 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.
Competition score65/ 100
More competitive than 68% of U.S. ZIP codes, and #169 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply2.1Under 4 months = seller’s market
Sold above original list42.8%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$168▼ −11.6% vs. last year
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Nearby markets
Bigfork 56628Balanced $189 /sq ftCalumet 55716Seller’s market $130 /sq ftCohasset 55721Seller’s market $221 /sq ftColeraine 55722Seller’s market $122 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology