Is Round Lake, MN 56167 a buyer’s or seller’s market?
Round Lake is a seller’s market. With about 3.2 months of supply and 0% 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 supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$154▲ +250.9% vs. last year
Run the numbers for 56167
Nearby markets
Alpha 56111 $140 /sq ftHeron Lake 56137Buyer’s market $141 /sq ftJackson 56143Buyer’s market $67 /sq ftLakefield 56150Seller’s market $98 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology