Is Fountain, MN 55935 a buyer’s or seller’s market?
Fountain 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 Fountain housing market right now
In the three months ending August 31, 2026, 60% of homes in Fountain, MN 55935 sold above their list price, the typical home went under contract in 11 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 rose from 0%, homes sold faster (42 days then) and the median sale price rose 14% to $329,857. Overall, Fountain is more competitive than a year ago, so tougher for buyers.
Within Fillmore County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Mabel 55954 (0% sold over asking) or Lanesboro 55949 (0% sold over asking).
Run the numbers for 55935
Nearby markets
Canton 55922Seller’s market $269 /sq ftChatfield 55923Buyer’s market $147 /sq ftHarmony 55939Seller’s market $120 /sq ftLanesboro 55949Balanced $161 /sq ft Browse all markets →Towns like Fountain nearby
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Questions about Fountain real estate
Is Fountain a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Fountain, MN 55935 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 Fountain?
The typical home went under contract in 11 days in the latest three months.
Do homes in Fountain sell over asking?
60% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Fountain?
About 0.94% of a home’s value a year in Fillmore County, or roughly $3,760 on a $400,000 home.
What is the median home price in Fountain?
The median sale price was $329,857 in the three months ending August 31, 2026, about $153 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