Is Randolph, MN 55065 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Randolph is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list101.5%Sold price ÷ list price
Median days on market64Listing to accepted offer
Median price per sq ft$238▲ +32.2% vs. last year

The Randolph housing market right now

In the three months ending August 31, 2026, 25% of homes in Randolph, MN 55065 sold above their list price, the typical home went under contract in 64 days and there were 4 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 4 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 0%, homes sold more slowly (21 days then) and the median sale price fell 4% to $426,765. Overall, Randolph is more competitive than a year ago, so tougher for buyers.

Within Dakota County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 87%.

Nearby, buyers who want less competition could look at Hampton 55031 (0% sold over asking), while Saint Paul 55120 (55% sold over asking) and South Saint Paul 55075 (51% sold over asking) are even more competitive.

Nearby markets

Burnsville 55306Seller’s market $187 /sq ftBurnsville 55337Seller’s market $180 /sq ftFarmington 55024Seller’s market $192 /sq ftHampton 55031Buyer’s market $192 /sq ft Browse all markets →

Where Randolph is

Loading map…

Questions about Randolph real estate

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

A balanced market: there were 4 months of supply in Randolph, MN 55065 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 Randolph?

The typical home went under contract in 64 days in the latest three months.

Do homes in Randolph sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 101.5% of the list price.

What are property taxes in Randolph?

About 0.98% of a home’s value a year in Dakota County, or roughly $3,920 on a $400,000 home.

What is the median home price in Randolph?

The median sale price was $426,765 in the three months ending August 31, 2026, about $238 per square foot.

No sponsored agents in 55065 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 55065

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology