Is Nicollet, MN 56074 a buyer’s or seller’s market?

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

Nicollet is a seller’s market. With about 0.5 months of supply and 33% 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 supply0.5Under 4 months = seller’s market

Sold above original list33.3%Share of sales, last 3 months

Median sale-to-list99.4%Sold price ÷ list price

Median days on market36Listing to accepted offer

Median price per sq ft$160▲ +7.6% vs. last year

Run the numbers for 56074

Prefilled for 56074Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56074Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Courtland 56021Seller’s market $140 /sq ft Lafayette 56054Buyer’s market $93 /sq ft Mankato 56003Seller’s market $162 /sq ft Saint Peter 56082Seller’s market $169 /sq ft Browse all markets →

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