Is Montevideo, MN 56265 a buyer’s or seller’s market?
Montevideo is a buyer’s market. With about 9.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply9.8Under 4 months = seller’s market
Sold above original list10%Share of sales, last 3 months
Median sale-to-list95.2%Sold price ÷ list price
Median days on market121Listing to accepted offer
Median price per sq ft$115▲ +3.6% vs. last year
Run the numbers for 56265
Nearby markets
Clara City 56222Seller’s market $96 /sq ftMaynard 56260 $58 /sq ftMilan 56262Buyer’s market $57 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology