OfferBackedBuyer Tools Run my numbers

Is Sturgeon Lake, MN 55783 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Sturgeon Lake is a seller’s market. With about 3.5 months of supply and 0% 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 supply3.5Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.8%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$157▼ −5.8% vs. last year

Run the numbers for 55783

Prefilled for 55783Can I win this house?Multiple-offer likelihood for a listing Prefilled for 55783Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Askov 55704Buyer’s market $208 /sq ftBruno 55712Buyer’s market $205 /sq ftFinlayson 55735Balanced $284 /sq ftGrasston 55030Seller’s market $209 /sq ft Browse all markets →

Local agents

See all agents in 55783 →

No sponsored agents in 55783 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 55783

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology