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Is Effie, MN 56639 a buyer’s or seller’s market?

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

Effie is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list100.2%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$388▲ +89.3% vs. last year

Run the numbers for 56639

Prefilled for 56639Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56639Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bigfork 56628Balanced $189 /sq ftBovey 55709Seller’s market $168 /sq ftCalumet 55716Seller’s market $130 /sq ftCohasset 55721Seller’s market $221 /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