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Is Floodwood, MN 55736 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Floodwood is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$180

The Floodwood housing market right now

In the three months ending August 31, 2026, 20% of homes in Floodwood, MN 55736 sold above their list price, the typical home went under contract in 22 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 sales, these figures can swing a lot from month to month.

Within St. Louis County, homes here sell faster than in 64% of the county’s ZIP codes, and sell less often over asking than in 53%.

Nearby, buyers who want less competition could look at Soudan 55782 (0% sold over asking) or Orr 55771 (0% sold over asking), while Angora 55703 (100% sold over asking) and Buhl 55713 (100% sold over asking) are even more competitive.

Run the numbers for 55736

Prefilled for 55736Can I win this house?Multiple-offer likelihood for a listing Prefilled for 55736Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alborn 55702 — /sq ftAngora 55703Buyer’s market $121 /sq ftAurora 55705Balanced $129 /sq ftBabbitt 55706Seller’s market $91 /sq ft Browse all markets →

Towns like Floodwood nearby

Find towns like Floodwood in other states →
Nashwauk, MN55769 · 38 miles away73% similarlarger · 12 min shorter commute Hill City, MN55748 · 33 miles away72% similarpricier homes ($37K more) · 12 min shorter commute Cromwell, MN55726 · 16 miles away70% similarpricier homes ($63K more) · younger residents Pengilly, MN55775 · 31 miles away65% similarhigher income ($25K more) · pricier homes ($70K more)

Where Floodwood is

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Questions about Floodwood real estate

Is Floodwood a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Floodwood, MN 55736 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 Floodwood?

The typical home went under contract in 22 days in the latest three months.

Do homes in Floodwood sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.

What are property taxes in Floodwood?

About 1.03% of a home’s value a year in St. Louis County, or roughly $4,120 on a $400,000 home.

What is the median home price in Floodwood?

The median sale price was $219,295 in the three months ending August 31, 2026, about $180 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