Is Green Isle, MN 55338 a buyer’s or seller’s market?
Green Isle is a seller’s market. With about 1.2 months of supply and 38% 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.
The Green Isle housing market right now
In the three months ending August 31, 2026, 38% of homes in Green Isle, MN 55338 sold above their list price, the typical home went under contract in 25 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 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 44%, homes sold about as fast and the median sale price fell 2% to $309,616. Overall, Green Isle is less competitive than a year ago, which gives buyers more room.
Within Sibley County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%.
Nearby, buyers who want less competition could look at New Auburn 55366 (0% sold over asking) or Gaylord 55334 (11% sold over asking), while Henderson 56044 (50% sold over asking) is even more competitive.
Run the numbers for 55338
Nearby markets
Arlington 55307Buyer’s market $168 /sq ftGaylord 55334Balanced $144 /sq ftGibbon 55335Balanced $98 /sq ftHenderson 56044Seller’s market $143 /sq ft Browse all markets →Where Green Isle is
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Questions about Green Isle real estate
Is Green Isle a buyer’s or seller’s market?
A seller’s market: there were 1.2 months of supply in Green Isle, MN 55338 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 Green Isle?
The typical home went under contract in 25 days in the latest three months.
Do homes in Green Isle sell over asking?
38% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Green Isle?
About 1.10% of a home’s value a year in Sibley County, or roughly $4,400 on a $400,000 home.
What is the median home price in Green Isle?
The median sale price was $309,616 in the three months ending August 31, 2026, about $160 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