Is Grasston, MN 55030 a buyer’s or seller’s market?

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

Grasston is a seller’s market. With about 2.7 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 supply2.7Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list95.7%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$209▲ +12.5% vs. last year

The Grasston housing market right now

In the three months ending August 31, 2026, 17% of homes in Grasston, MN 55030 sold above their list price, the typical home went under contract in 38 days and there were 2.7 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 38%, homes sold more slowly (23 days then) and the median sale price rose 12% to $299,870. Overall, Grasston is less competitive than a year ago, which gives buyers more room.

Within Pine County, homes here sell faster than in 56% of the county’s ZIP codes, and sell more often over asking than in 56%.

Nearby, buyers who want less competition could look at Sturgeon Lake 55783 (0% sold over asking) or Kerrick 55756 (0% sold over asking), while Hinckley 55037 (35% sold over asking) and Pine City 55063 (35% sold over asking) are even more competitive.

Nearby markets

Askov 55704Buyer’s market $208 /sq ftBruno 55712Buyer’s market $205 /sq ftFinlayson 55735Balanced $284 /sq ftHenriette 55036 — /sq ft Browse all markets →

Where Grasston is

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Questions about Grasston real estate

Is Grasston a buyer’s or seller’s market?

A seller’s market: there were 2.7 months of supply in Grasston, MN 55030 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 Grasston?

The typical home went under contract in 38 days in the latest three months.

Do homes in Grasston sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.

What are property taxes in Grasston?

About 0.86% of a home’s value a year in Pine County, or roughly $3,440 on a $400,000 home.

What is the median home price in Grasston?

The median sale price was $299,870 in the three months ending August 31, 2026, about $209 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