Is Warba, MN 55793 a buyer’s or seller’s market?
Warba is a seller’s market. With about 1.9 months of supply and 60% 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 Warba housing market right now
In the three months ending August 31, 2026, 60% of homes in Warba, MN 55793 sold above their list price, the typical home went under contract in 27 days and there were 1.9 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 fell from 100%, homes sold more slowly (5 days then) and the median sale price rose 102% to $302,369. Overall, Warba is less competitive than a year ago, which gives buyers more room.
Within Itasca County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in 94%.
Nearby, buyers who want less competition could look at Wirt 56688 (0% sold over asking) or Marcell 56657 (0% sold over asking), while Effie 56639 (100% sold over asking) is even more competitive.
Run the numbers for 55793
Nearby markets
Bigfork 56628Balanced $189 /sq ftBovey 55709Seller’s market $168 /sq ftCalumet 55716Seller’s market $130 /sq ftCohasset 55721Seller’s market $221 /sq ft Browse all markets →Where Warba is
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Questions about Warba real estate
Is Warba a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Warba, MN 55793 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 Warba?
The typical home went under contract in 27 days in the latest three months.
Do homes in Warba sell over asking?
60% of homes sold above their original list price, and the typical sale closed at 106.3% of the list price.
What are property taxes in Warba?
About 0.86% of a home’s value a year in Itasca County, or roughly $3,440 on a $400,000 home.
What is the median home price in Warba?
The median sale price was $302,369 in the three months ending August 31, 2026, about $225 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