Is Elmore, MN 56027 a buyer’s or seller’s market?
Elmore is a seller’s market. With about 1.6 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 supply1.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list82.8%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$35▼ −19.3% vs. last year
Run the numbers for 56027
Nearby markets
Blue Earth 56013Seller’s market $103 /sq ftBricelyn 56014Seller’s market $103 /sq ftDelavan 56023 — /sq ftEaston 56025 $129 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology