Is Spring Valley, MN 55975 a buyer’s or seller’s market?
Spring Valley is a seller’s market. With about 1.7 months of supply and 27% 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 supply1.7Under 4 months = seller’s market
Sold above original list27.3%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$135▼ −14.2% vs. last year
Run the numbers for 55975
Nearby markets
Canton 55922Seller’s market $269 /sq ftChatfield 55923Buyer’s market $147 /sq ftFountain 55935Seller’s market $153 /sq ftHarmony 55939Seller’s market $120 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology