Is Elysian, MN 56028 a buyer’s or seller’s market?

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

Elysian is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply6Under 4 months = seller’s market

Sold above original list11.1%Share of sales, last 3 months

Median sale-to-list94.8%Sold price ÷ list price

Median days on market33Listing to accepted offer

Median price per sq ft$253▲ +48.3% vs. last year

Run the numbers for 56028

Prefilled for 56028Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56028Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cleveland 56017Seller’s market $211 /sq ft Kasota 56050Buyer’s market $211 /sq ft Kilkenny 56052Seller’s market $200 /sq ft Le Center 56057Seller’s market $161 /sq ft Browse all markets →

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