Is La Crescent, MN 55947 a buyer’s or seller’s market?
La Crescent is a seller’s market. With about 2.3 months of supply and 39% 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.
More competitive than 82% of U.S. ZIP codes, and #80 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The La Crescent housing market right now
In the three months ending August 31, 2026, 39% of homes in La Crescent, MN 55947 sold above their list price, the typical home went under contract in 14 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 29 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 48%, homes sold more slowly (6 days then) and the median sale price fell 5% to $349,849. Overall, La Crescent is less competitive than a year ago, which gives buyers more room.
Within Houston County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, La Crescent ranks #80 of 296 MN ZIP codes with enough sales (score 77 out of 100).
Nearby, buyers who want less competition could look at Spring Grove 55974 (0% sold over asking) or Houston 55943 (0% sold over asking), while Hokah 55941 (50% sold over asking) is even more competitive.
Run the numbers for 55947
Nearby markets
Brownsville 55919Seller’s market $260 /sq ftCaledonia 55921Seller’s market $132 /sq ftEitzen 55931 $73 /sq ftHokah 55941Balanced $253 /sq ft Browse all markets →Towns like La Crescent nearby
Find towns like La Crescent in other states →Where La Crescent is
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Questions about La Crescent real estate
Is La Crescent a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in La Crescent, MN 55947 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 La Crescent?
The typical home went under contract in 14 days in the latest three months.
Do homes in La Crescent sell over asking?
39% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in La Crescent?
About 1.15% of a home’s value a year in Houston County, or roughly $4,600 on a $400,000 home.
What is the median home price in La Crescent?
The median sale price was $349,849 in the three months ending August 31, 2026, about $179 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