Is Willow River, MN 55795 a buyer’s or seller’s market?

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

Willow River is a seller’s market. With about 3.2 months of supply and 11% 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list11.1%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market53Listing to accepted offer
Median price per sq ft$213▼ −23.8% vs. last year

The Willow River housing market right now

In the three months ending August 31, 2026, 11% of homes in Willow River, MN 55795 sold above their list price, the typical home went under contract in 53 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 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 20%, homes sold more slowly (22 days then) and the median sale price rose 47% to $354,846. Overall, Willow River is less competitive than a year ago, which gives buyers more room.

Within Pine County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 56%.

Nearby, buyers who want less competition could look at Sturgeon Lake 55783 (0% sold over asking) or Kerrick 55756 (0% sold over asking), while Hinckley 55037 (35% sold over asking) and Pine City 55063 (35% sold over asking) are even more competitive.

Nearby markets

Askov 55704Buyer’s market $208 /sq ftBruno 55712Buyer’s market $205 /sq ftFinlayson 55735Balanced $284 /sq ftGrasston 55030Seller’s market $209 /sq ft Browse all markets →

Where Willow River is

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Questions about Willow River real estate

Is Willow River a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Willow River, MN 55795 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 Willow River?

The typical home went under contract in 53 days in the latest three months.

Do homes in Willow River sell over asking?

11% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.

What are property taxes in Willow River?

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 Willow River?

The median sale price was $354,846 in the three months ending August 31, 2026, about $213 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