Is Stewart, MN 55385 a buyer’s or seller’s market?
Stewart is a seller’s market. With about 1.3 months of supply and 20% 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 Stewart housing market right now
In the three months ending August 31, 2026, 20% of homes in Stewart, MN 55385 sold above their list price, the typical home went under contract in 39 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (63 days then) and the median sale price fell 58% to $174,924. Overall, Stewart is more competitive than a year ago, so tougher for buyers.
Within McLeod County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Plato 55370 (100% sold over asking) and Brownton 55312 (50% sold over asking) are even more competitive.
Run the numbers for 55385
Nearby markets
Brownton 55312Buyer’s market $137 /sq ftGlencoe 55336Seller’s market $166 /sq ftHutchinson 55350Seller’s market $159 /sq ftLester Prairie 55354Seller’s market $143 /sq ft Browse all markets →Towns like Stewart nearby
Find towns like Stewart in other states →Where Stewart is
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Questions about Stewart real estate
Is Stewart a buyer’s or seller’s market?
A seller’s market: there were 1.3 months of supply in Stewart, MN 55385 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 Stewart?
The typical home went under contract in 39 days in the latest three months.
Do homes in Stewart sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.
What are property taxes in Stewart?
About 1.15% of a home’s value a year in McLeod County, or roughly $4,600 on a $400,000 home.
What is the median home price in Stewart?
The median sale price was $174,924 in the three months ending August 31, 2026, about $111 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