Is New Auburn, MN 55366 a buyer’s or seller’s market?
New Auburn is a seller’s market. With about 3.2 months of supply and 0% 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 New Auburn housing market right now
In the three months ending August 31, 2026, 0% of homes in New Auburn, MN 55366 sold above their list price, the typical home went under contract in 68 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (49 days then) and the median sale price rose 196% to $286,876. Overall, New Auburn is less competitive than a year ago, which gives buyers more room.
Within Sibley County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Henderson 56044 (50% sold over asking) and Green Isle 55338 (38% sold over asking) are even more competitive.
Run the numbers for 55366
Nearby markets
Arlington 55307Buyer’s market $168 /sq ftGaylord 55334Balanced $144 /sq ftGibbon 55335Balanced $98 /sq ftGreen Isle 55338Seller’s market $160 /sq ft Browse all markets →Where New Auburn is
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Questions about New Auburn real estate
Is New Auburn a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in New Auburn, MN 55366 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 New Auburn?
The typical home went under contract in 68 days in the latest three months.
Do homes in New Auburn sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in New Auburn?
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 New Auburn?
The median sale price was $286,876 in the three months ending August 31, 2026, about $166 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