Is Goodhue, MN 55027 a buyer’s or seller’s market?
Goodhue is a seller’s market. With about 3.2 months of supply and 43% 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.
The Goodhue housing market right now
In the three months ending August 31, 2026, 43% of homes in Goodhue, MN 55027 sold above their list price, the typical home went under contract in 16 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (53 days then) and the median sale price held steady to $314,864. Overall, Goodhue is more competitive than a year ago, so tougher for buyers.
Within Goodhue County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 89%.
Nearby, buyers who want less competition could look at Welch 55089 (0% sold over asking) or Frontenac 55026 (0% sold over asking), while Dennison 55018 (50% sold over asking) is even more competitive.
Run the numbers for 55027
Nearby markets
Cannon Falls 55009Buyer’s market $208 /sq ftDennison 55018Balanced $298 /sq ftFrontenac 55026Seller’s market $242 /sq ftKenyon 55946Seller’s market $178 /sq ft Browse all markets →Towns like Goodhue nearby
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Questions about Goodhue real estate
Is Goodhue a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Goodhue, MN 55027 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 Goodhue?
The typical home went under contract in 16 days in the latest three months.
Do homes in Goodhue sell over asking?
43% of homes sold above their original list price, and the typical sale closed at 102.1% of the list price.
What are property taxes in Goodhue?
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 Goodhue?
The median sale price was $314,864 in the three months ending August 31, 2026, about $219 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