Is Tamarack, MN 55787 a buyer’s or seller’s market?
Tamarack is a seller’s market. With about 1.2 months of supply and 25% 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 Tamarack housing market right now
In the three months ending August 31, 2026, 25% of homes in Tamarack, MN 55787 sold above their list price, the typical home went under contract in 37 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 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 more slowly (33 days then) and the median sale price rose 80% to $318,612. Overall, Tamarack is more competitive than a year ago, so tougher for buyers.
Within Aitkin County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 50%.
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 55787
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 →Where Tamarack is
Loading map…
Questions about Tamarack real estate
Is Tamarack a buyer’s or seller’s market?
A seller’s market: there were 1.2 months of supply in Tamarack, MN 55787 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 Tamarack?
The typical home went under contract in 37 days in the latest three months.
Do homes in Tamarack sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Tamarack?
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 Tamarack?
The median sale price was $318,612 in the three months ending August 31, 2026, about $324 per square foot.
Local agents
See all agents in 55787 →No sponsored agents in 55787 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 55787
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology