Is Pipestone, MN 56164 a buyer’s or seller’s market?

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

Pipestone is a buyer’s market. With about 7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score14/ 100

More competitive than 7% of U.S. ZIP codes, and #291 of 296 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply7Under 4 months = seller’s market

Sold above original list6.3%Share of sales, last 3 months

Median sale-to-list97%Sold price ÷ list price

Median days on market66Listing to accepted offer

Median price per sq ft$146▲ +27.7% vs. last year

Run the numbers for 56164

Prefilled for 56164Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56164Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Edgerton 56128Buyer’s market $110 /sq ft Holland 56139Seller’s market $166 /sq ft Ruthton 56170 — /sq ft Woodstock 56186 — /sq ft Browse all markets →

Local agents

See all agents in 56164 →

No sponsored agents in 56164 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 56164

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

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