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Is Alpha, MN 56111 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list91.5%Sold price ÷ list price
Median days on market213Listing to accepted offer
Median price per sq ft$140

Run the numbers for 56111

Prefilled for 56111Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56111Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Heron Lake 56137Buyer’s market $141 /sq ftJackson 56143Buyer’s market $67 /sq ftLakefield 56150Seller’s market $98 /sq ftOkabena 56161Balanced $153 /sq ft Browse all markets →

More tools for 56111

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