Is Paynesville, MN 56362 a buyer’s or seller’s market?
Paynesville is a seller’s market. With about 3.5 months of supply and 23% 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 supply3.5Under 4 months = seller’s market
Sold above original list23.3%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$188▲ +21.8% vs. last year
Run the numbers for 56362
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 →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology