Is Hokah, MN 55941 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Hokah is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market

Sold above original list50%Share of sales, last 3 months

Median sale-to-list102.8%Sold price ÷ list price

Median days on market13Listing to accepted offer

Median price per sq ft$253

Run the numbers for 55941

Prefilled for 55941Can I win this house?Multiple-offer likelihood for a listing Prefilled for 55941Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Brownsville 55919Seller’s market $260 /sq ft Caledonia 55921Seller’s market $132 /sq ft Eitzen 55931 $73 /sq ft Houston 55943Seller’s market $209 /sq ft Browse all markets →

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