Is Brainerd, MN 56401 a buyer’s or seller’s market?

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

Brainerd is a seller’s market. With about 2.9 months of supply and 25% 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 supply2.9Under 4 months = seller’s market

Sold above original list24.7%Share of sales, last 3 months

Median sale-to-list98.7%Sold price ÷ list price

Median days on market33Listing to accepted offer

Median price per sq ft$192▲ +3.8% vs. last year

Run the numbers for 56401

Prefilled for 56401Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56401Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Baxter 56425Seller’s market $176 /sq ft Crosby 56441Seller’s market $209 /sq ft Crosslake 56442Seller’s market $349 /sq ft Deerwood 56444Seller’s market $238 /sq ft Browse all markets →

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