Is Ostrander, MN 55961 a buyer’s or seller’s market?

The Ostrander housing market right now

In the three months ending August 31, 2026, 33% of homes in Ostrander, MN 55961 sold above their list price, the typical home went under contract in 23 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 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 50%, homes sold more slowly (5 days then) and the median sale price fell 13% to $179,822. Overall, Ostrander is less competitive than a year ago, which gives buyers more room.

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

Nearby, buyers who want less competition could look at Sargeant 55973 (0% sold over asking) or Rose Creek 55970 (0% sold over asking), while Le Roy 55951 (100% sold over asking) and Brownsdale 55918 (50% sold over asking) are even more competitive.