Is Nevis, MN 56467 a buyer’s or seller’s market?

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

Nevis is a seller’s market. With about 3 months of supply and 43% 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.

Competition score74/ 100

More competitive than 78% of U.S. ZIP codes, and #105 of 296 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3Under 4 months = seller’s market
Sold above original list43.3%Share of sales, last 3 months
Median sale-to-list99.8%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$263▼ −8.0% vs. last year

Nearby markets

Akeley 56433Seller’s market $185 /sq ftLake George 56458Seller’s market $191 /sq ftLaporte 56461Seller’s market $193 /sq ftPark Rapids 56470Balanced $192 /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