Is Ceylon, MN 56121 a buyer’s or seller’s market?

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

Ceylon is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.3Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market2Listing to accepted offer
Median price per sq ft$49▼ −57.6% vs. last year

Nearby markets

Dunnell 56127Balanced $91 /sq ftFairmont 56031Seller’s market $111 /sq ftGranada 56039Seller’s market $140 /sq ftOdin 56160Seller’s market $101 /sq ft Browse all markets →

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