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Is Reading, MN 56165 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Reading 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 list99.9%Share of sales, last 3 months
Median sale-to-list100.4%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$128▲ +6.6% vs. last year

Run the numbers for 56165

Prefilled for 56165Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56165Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Adrian 56110Seller’s market $103 /sq ftBigelow 56117Seller’s market $119 /sq ftBrewster 56119Balanced $137 /sq ftEllsworth 56129Seller’s market $90 /sq ft Browse all markets →

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