Is Dennison, MN 55018 a buyer’s or seller’s market?
Dennison is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Dennison housing market right now
In the three months ending August 31, 2026, 50% of homes in Dennison, MN 55018 sold above their list price, the typical home went under contract in 250 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Within Goodhue County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Welch 55089 (0% sold over asking) or Frontenac 55026 (0% sold over asking).
Run the numbers for 55018
Nearby markets
Cannon Falls 55009Buyer’s market $208 /sq ftFrontenac 55026Seller’s market $242 /sq ftGoodhue 55027Seller’s market $219 /sq ftKenyon 55946Seller’s market $178 /sq ft Browse all markets →Where Dennison is
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Questions about Dennison real estate
Is Dennison a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Dennison, MN 55018 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 Dennison?
The typical home went under contract in 250 days in the latest three months.
Do homes in Dennison sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 90.5% of the list price.
What are property taxes in Dennison?
About 1.05% of a home’s value a year in Goodhue County, or roughly $4,200 on a $400,000 home.
What is the median home price in Dennison?
The median sale price was $603,239 in the three months ending August 31, 2026, about $298 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