Is Plainview, MN 55964 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Plainview is a seller’s market. With about 1.9 months of supply and 33% 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.

Competition score76/ 100

More competitive than 81% of U.S. ZIP codes, and #88 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

Months of supply1.9Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$172▲ +1.0% vs. last year

The Plainview housing market right now

In the three months ending August 31, 2026, 33% of homes in Plainview, MN 55964 sold above their list price, the typical home went under contract in 19 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. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (30 days then) and the median sale price rose 11% to $262,786. Overall, Plainview is more competitive than a year ago, so tougher for buyers.

Within Wabasha County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Plainview ranks #88 of 296 MN ZIP codes with enough sales (score 76 out of 100).

Nearby, buyers who want less competition could look at Millville 55957 (0% sold over asking) or Kellogg 55945 (0% sold over asking), while Zumbro Falls 55991 (43% sold over asking) is even more competitive.

Nearby markets

Kellogg 55945Buyer’s market $176 /sq ftLake City 55041Balanced $221 /sq ftMazeppa 55956Balanced $188 /sq ftMillville 55957 $258 /sq ft Browse all markets →

Where Plainview is

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Questions about Plainview real estate

Is Plainview a buyer’s or seller’s market?

A seller’s market: there were 1.9 months of supply in Plainview, MN 55964 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 Plainview?

The typical home went under contract in 19 days in the latest three months.

Do homes in Plainview sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.

What are property taxes in Plainview?

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 Plainview?

The median sale price was $262,786 in the three months ending August 31, 2026, about $172 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