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Is Brook Park, MN 55007 a buyer’s or seller’s market?

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

Brook Park is a seller’s market. With about 3.7 months of supply and 17% 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 supply3.7Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$160▼ −19.9% vs. last year

The Brook Park housing market right now

In the three months ending August 31, 2026, 17% of homes in Brook Park, MN 55007 sold above their list price, the typical home went under contract in 51 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold faster (67 days then) and the median sale price rose 21% to $321,361. Overall, Brook Park is less competitive than a year ago, which gives buyers more room.

Nearby, Braham 55006 (50% sold over asking) and Ogilvie 56358 (50% sold over asking) are even more competitive.

Run the numbers for 55007

Prefilled for 55007Can I win this house?Multiple-offer likelihood for a listing Prefilled for 55007Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Braham 55006Seller’s market $169 /sq ftMora 55051Seller’s market $214 /sq ftOgilvie 56358Seller’s market $211 /sq ft Browse all markets →

Towns like Brook Park nearby

Find towns like Brook Park in other states →
Willow River, MN55795 · 27 miles away87% similaryounger residents · 5 min shorter commute Ogilvie, MN56358 · 19 miles away85% similarpricier homes ($27K more) · younger residents Braham, MN55006 · 17 miles away83% similarlarger · younger residents Grasston, MN55030 · 6 miles away79% similarcheaper homes ($38K less) · younger residents

Where Brook Park is

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Questions about Brook Park real estate

Is Brook Park a buyer’s or seller’s market?

A seller’s market: there were 3.7 months of supply in Brook Park, MN 55007 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 Brook Park?

The typical home went under contract in 51 days in the latest three months.

Do homes in Brook Park sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.

What are property taxes in Brook Park?

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 Brook Park?

The median sale price was $321,361 in the three months ending August 31, 2026, about $160 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