Is Hendrum, MN 56550 a buyer’s or seller’s market?

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

Hendrum is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list85.3%Sold price ÷ list price
Median days on market141Listing to accepted offer
Median price per sq ft$52▼ −42.2% vs. last year

Nearby markets

Ada 56510Seller’s market $82 /sq ftBorup 56519Seller’s market $132 /sq ftGary 56545Buyer’s market $140 /sq ftHalstad 56548Balanced $109 /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