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Is Milroy, MN 56263 a buyer’s or seller’s market?

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

Milroy is a seller’s market. With about 0.8 months of supply and 50% 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 supply0.8Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list106.2%Sold price ÷ list price
Median days on market36Listing to accepted offer
Median price per sq ft$94▲ +58.5% vs. last year

Run the numbers for 56263

Prefilled for 56263Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56263Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Belview 56214 — /sq ftClements 56224 — /sq ftLamberton 56152Seller’s market $90 /sq ftLucan 56255 $139 /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