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Is New Munich, MN 56356 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

New Munich 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 list0%Share of sales, last 3 months
Median sale-to-list92.2%Sold price ÷ list price
Median days on market9Listing to accepted offer
Median price per sq ft$159▲ +4.7% vs. last year

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Prefilled for 56356Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56356Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Albany 56307Seller’s market $179 /sq ftAvon 56310Balanced $180 /sq ftBelgrade 56312Seller’s market $177 /sq ftClearwater 55320Seller’s market $188 /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