Is North Branch, MN 55056 a buyer’s or seller’s market?

The North Branch housing market right now

In the three months ending August 31, 2026, 32% of homes in North Branch, MN 55056 sold above their list price, the typical home went under contract in 25 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 90 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (31% then), homes sold faster (35 days then) and the median sale price rose 1% to $368,840. Overall, North Branch is more competitive than a year ago, so tougher for buyers.

Within Chisago County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, North Branch ranks #124 of 296 MN ZIP codes with enough sales (score 71 out of 100).

Nearby, buyers who want less competition could look at Center City 55012 (25% sold over asking), while Taylors Falls 55084 (67% sold over asking) and Shafer 55074 (50% sold over asking) are even more competitive.