Is Frazee, MN 56544 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Frazee is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.1Under 4 months = seller’s market

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

Median sale-to-list97.6%Sold price ÷ list price

Median days on market38Listing to accepted offer

Median price per sq ft$189▲ +28.1% vs. last year

Run the numbers for 56544

Prefilled for 56544Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56544Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Audubon 56511Seller’s market $261 /sq ft Callaway 56521Seller’s market $258 /sq ft Detroit Lakes 56501Balanced $217 /sq ft Lake Park 56554Seller’s market $307 /sq ft Browse all markets →

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