Is Granite Falls, MN 56241 a buyer’s or seller’s market?

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

Granite Falls is a seller’s market. With about 2.5 months of supply and 8% 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 supply2.5Under 4 months = seller’s market

Sold above original list7.7%Share of sales, last 3 months

Median sale-to-list93%Sold price ÷ list price

Median days on market43Listing to accepted offer

Median price per sq ft$113▲ +32.5% vs. last year

Run the numbers for 56241

Prefilled for 56241Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56241Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Canby 56220Buyer’s market $80 /sq ft Clarkfield 56223Buyer’s market $74 /sq ft Echo 56237 — /sq ft Taunton 56291 — /sq ft Browse all markets →

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