Is Hamburg, MN 55339 a buyer’s or seller’s market?
Hamburg is a seller’s market. With about 1.6 months of supply and 50% 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 Hamburg housing market right now
In the three months ending August 31, 2026, 50% of homes in Hamburg, MN 55339 sold above their list price, the typical home went under contract in 28 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 fell from 100%, homes sold more slowly (17 days then) and the median sale price rose 11% to $327,308. Overall, Hamburg is less competitive than a year ago, which gives buyers more room.
Within Carver County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell more often over asking than in 82%.
Nearby, buyers who want less competition could look at New Germany 55367 (0% sold over asking) or Young America 55397 (22% sold over asking), while Mayer 55360 (56% sold over asking) and Norwood Young America 55368 (56% sold over asking) are even more competitive.
Run the numbers for 55339
Nearby markets
Carver 55315Seller’s market $208 /sq ftChanhassen 55317Seller’s market $227 /sq ftChaska 55318Seller’s market $211 /sq ftCologne 55322Seller’s market $181 /sq ft Browse all markets →Where Hamburg is
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Questions about Hamburg real estate
Is Hamburg a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Hamburg, MN 55339 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 Hamburg?
The typical home went under contract in 28 days in the latest three months.
Do homes in Hamburg sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.
What are property taxes in Hamburg?
About 0.99% of a home’s value a year in Carver County, or roughly $3,960 on a $400,000 home.
What is the median home price in Hamburg?
The median sale price was $327,308 in the three months ending August 31, 2026, about $167 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