Is Braham, MN 55006 a buyer’s or seller’s market?
Braham is a seller’s market. With about 0.9 months of supply and 50% 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.
More competitive than 92% of U.S. ZIP codes, and #20 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Braham housing market right now
In the three months ending August 31, 2026, 50% of homes in Braham, MN 55006 sold above their list price, the typical home went under contract in 26 days and there were 0.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 23 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 38%, homes sold more slowly (14 days then) and the median sale price rose 13% to $293,873. Overall, Braham is more competitive than a year ago, so tougher for buyers.
On our competition score, Braham ranks #20 of 296 MN ZIP codes with enough sales (score 87 out of 100).
Nearby, buyers who want less competition could look at Brook Park 55007 (17% sold over asking) or Mora 55051 (35% sold over asking).
Run the numbers for 55006
Nearby markets
Brook Park 55007Seller’s market $160 /sq ftMora 55051Seller’s market $214 /sq ftOgilvie 56358Seller’s market $211 /sq ft Browse all markets →Towns like Braham nearby
Find towns like Braham in other states →Where Braham is
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Questions about Braham real estate
Is Braham a buyer’s or seller’s market?
A seller’s market: there were 0.9 months of supply in Braham, MN 55006 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Braham?
The typical home went under contract in 26 days in the latest three months.
Do homes in Braham sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.
What are property taxes in Braham?
About 1.13% of a home’s value a year in Kanabec County, or roughly $4,520 on a $400,000 home.
What is the median home price in Braham?
The median sale price was $293,873 in the three months ending August 31, 2026, about $169 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology