Is Northome, MN 56661 a buyer’s or seller’s market?
Northome is a seller’s market. With about 1.6 months of supply and 0% 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 supply1.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market65Listing to accepted offer
Median price per sq ft$176▲ +35.6% vs. last year
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Nearby markets
Big Falls 56627 — /sq ftInternational Falls 56649Balanced $103 /sq ftKabetogama 56669Buyer’s market $180 /sq ftLittlefork 56653Buyer’s market $119 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology