Is Chatfield, MN 55923 a buyer’s or seller’s market?

The Chatfield housing market right now

In the three months ending August 31, 2026, 43% of homes in Chatfield, MN 55923 sold above their list price, the typical home went under contract in 29 days and there were 6.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 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 (25 days then) and the median sale price rose 8% to $314,764. Overall, Chatfield is more competitive than a year ago, so tougher for buyers.

Within Fillmore County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%.

Nearby, buyers who want less competition could look at Mabel 55954 (0% sold over asking) or Lanesboro 55949 (0% sold over asking), while Fountain 55935 (60% sold over asking) and Peterson 55962 (50% sold over asking) are even more competitive.