Is Mcgregor, MN 55760 a buyer’s or seller’s market?
Mcgregor is a seller’s market. With about 2.9 months of supply and 27% 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.
More competitive than 62% of U.S. ZIP codes, and #201 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Mcgregor housing market right now
In the three months ending August 31, 2026, 27% of homes in Mcgregor, MN 55760 sold above their list price, the typical home went under contract in 28 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 31 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (36 days then) and the median sale price fell 13% to $357,295. Overall, Mcgregor is more competitive than a year ago, so tougher for buyers.
Within Aitkin County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Mcgregor ranks #201 of 296 MN ZIP codes with enough sales (score 60 out of 100).
Nearby, buyers who want less competition could look at Jacobson 55752 (0% sold over asking) or Palisade 56469 (11% sold over asking), while Swatara 55785 (100% sold over asking) and Mc Grath 56350 (67% sold over asking) are even more competitive.
Run the numbers for 55760
Nearby markets
Aitkin 56431Seller’s market $213 /sq ftHill City 55748Balanced $156 /sq ftIsle 56342Seller’s market $269 /sq ftJacobson 55752Buyer’s market $320 /sq ft Browse all markets →Towns like Mcgregor nearby
Find towns like Mcgregor in other states →Where Mcgregor is
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Questions about Mcgregor real estate
Is Mcgregor a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Mcgregor, MN 55760 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 Mcgregor?
The typical home went under contract in 28 days in the latest three months.
Do homes in Mcgregor sell over asking?
27% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Mcgregor?
About 0.55% of a home’s value a year in Aitkin County, or roughly $2,200 on a $400,000 home.
What is the median home price in Mcgregor?
The median sale price was $357,295 in the three months ending August 31, 2026, about $276 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