Is Fosston, MN 56542 a buyer’s or seller’s market?

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

Fosston is a seller’s market. With about 2.7 months of supply and 17% 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 supply2.7Under 4 months = seller’s market

Sold above original list16.7%Share of sales, last 3 months

Median sale-to-list95.3%Sold price ÷ list price

Median days on market96Listing to accepted offer

Median price per sq ft$128▼ −33.6% vs. last year

Run the numbers for 56542

Prefilled for 56542Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56542Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Climax 56523 $84 /sq ft Crookston 56716Balanced $110 /sq ft East Grand Forks 56721Seller’s market $235 /sq ft Erskine 56535Buyer’s market $336 /sq ft Browse all markets →

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