Is South Haven, MN 55382 a buyer’s or seller’s market?

The South Haven housing market right now

In the three months ending August 31, 2026, 31% of homes in South Haven, MN 55382 sold above their list price, the typical home went under contract in 23 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. That’s based on 16 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold more slowly (17 days then) and the median sale price rose 52% to $461,050. Overall, South Haven is less competitive than a year ago, which gives buyers more room.

Within Stearns County, homes here sell faster than in 55% of the county’s ZIP codes, and sell more often over asking than in 65%. On our competition score, South Haven ranks #194 of 296 MN ZIP codes with enough sales (score 62 out of 100).

Nearby, buyers who want less competition could look at Saint Stephen 56375 (0% sold over asking) or New Munich 56356 (0% sold over asking), while Holdingford 56340 (38% sold over asking) and Cold Spring 56320 (36% sold over asking) are even more competitive.