Is Mora, MN 55051 a buyer’s or seller’s market?
Mora is a seller’s market. With about 2.7 months of supply and 35% 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 75% of U.S. ZIP codes, and #129 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 Mora housing market right now
In the three months ending August 31, 2026, 35% of homes in Mora, MN 55051 sold above their list price, the typical home went under contract in 19 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. That’s based on 54 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 27%, homes sold faster (30 days then) and the median sale price held steady to $314,364. Overall, Mora is more competitive than a year ago, so tougher for buyers.
On our competition score, Mora ranks #129 of 296 MN ZIP codes with enough sales (score 71 out of 100).
Nearby, buyers who want less competition could look at Brook Park 55007 (17% sold over asking), while Braham 55006 (50% sold over asking) and Ogilvie 56358 (50% sold over asking) are even more competitive.
Run the numbers for 55051
Nearby markets
Braham 55006Seller’s market $169 /sq ftBrook Park 55007Seller’s market $160 /sq ftOgilvie 56358Seller’s market $211 /sq ft Browse all markets →Towns like Mora nearby
Find towns like Mora in other states →Where Mora is
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Questions about Mora real estate
Is Mora a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Mora, MN 55051 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 Mora?
The typical home went under contract in 19 days in the latest three months.
Do homes in Mora sell over asking?
35% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.
What are property taxes in Mora?
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 Mora?
The median sale price was $314,364 in the three months ending August 31, 2026, about $214 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