Is Millville, MN 55957 a buyer’s or seller’s market?
Millville is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Millville housing market right now
In the three months ending August 31, 2026, 0% of homes in Millville, MN 55957 sold above their list price and the typical home went under contract in 27 days. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (7 days then) and the median sale price fell 10% to $564,756. Overall, Millville is less competitive than a year ago, which gives buyers more room.
Within Wabasha County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Zumbro Falls 55991 (43% sold over asking) and Plainview 55964 (33% sold over asking) are even more competitive.
Run the numbers for 55957
Nearby markets
Kellogg 55945Buyer’s market $176 /sq ftLake City 55041Balanced $221 /sq ftMazeppa 55956Balanced $188 /sq ftPlainview 55964Seller’s market $172 /sq ft Browse all markets →Where Millville is
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Questions about Millville real estate
How fast do homes sell in Millville?
The typical home went under contract in 27 days in the latest three months.
Do homes in Millville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Millville?
About 1.05% of a home’s value a year in Wabasha County, or roughly $4,200 on a $400,000 home.
What is the median home price in Millville?
The median sale price was $564,756 in the three months ending August 31, 2026, about $258 per square foot.
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More tools for 55957
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology