Is Akeley, MN 56433 a buyer’s or seller’s market?

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

Akeley is a seller’s market. With about 3.8 months of supply and 40% 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 supply3.8Under 4 months = seller’s market
Sold above original list40%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$185▼ −6.0% vs. last year

Nearby markets

Lake George 56458Seller’s market $191 /sq ftLaporte 56461Seller’s market $193 /sq ftNevis 56467Seller’s market $263 /sq ftPark Rapids 56470Balanced $192 /sq ft Browse all markets →

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