Is Vergas, MN 56587 a buyer’s or seller’s market?

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

Vergas is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

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

Sold above original list0%Share of sales, last 3 months

Median sale-to-list97.1%Sold price ÷ list price

Median days on market60Listing to accepted offer

Median price per sq ft$290▲ +55.6% vs. last year

Run the numbers for 56587

Prefilled for 56587Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56587Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Battle Lake 56515Balanced $251 /sq ft Bluffton 56518Buyer’s market $170 /sq ft Clitherall 56524Seller’s market $215 /sq ft Dalton 56324Seller’s market $160 /sq ft Browse all markets →

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