Is Sandstone, MN 55072 a buyer’s or seller’s market?

The Sandstone housing market right now

In the three months ending August 31, 2026, 18% of homes in Sandstone, MN 55072 sold above their list price, the typical home went under contract in 35 days and there were 5.2 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. That’s based on 11 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 56%, homes sold more slowly (24 days then) and the median sale price fell 16% to $256,889. Overall, Sandstone is less competitive than a year ago, which gives buyers more room.

Within Pine County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%.

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.