Is Askov, MN 55704 a buyer’s or seller’s market?
Askov is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Askov housing market right now
In the three months ending August 31, 2026, 0% of homes in Askov, MN 55704 sold above their list price, the typical home went under contract in 81 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 (77 days then) and the median sale price rose 130% to $449,805. Overall, Askov is about as competitive as it was a year ago.
Within Pine County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Hinckley 55037 (35% sold over asking) and Pine City 55063 (35% sold over asking) are even more competitive.
Run the numbers for 55704
Nearby markets
Bruno 55712Buyer’s market $205 /sq ftFinlayson 55735Balanced $284 /sq ftGrasston 55030Seller’s market $209 /sq ftHenriette 55036 — /sq ft Browse all markets →Towns like Askov nearby
Find towns like Askov in other states →Where Askov is
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Questions about Askov real estate
Is Askov a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Askov, MN 55704 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 Askov?
The typical home went under contract in 81 days in the latest three months.
Do homes in Askov sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.0% of the list price.
What are property taxes in Askov?
About 0.86% of a home’s value a year in Pine County, or roughly $3,440 on a $400,000 home.
What is the median home price in Askov?
The median sale price was $449,805 in the three months ending August 31, 2026, about $208 per square foot.
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More tools for 55704
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology