Is Bricelyn, MN 56014 a buyer’s or seller’s market?
Bricelyn is a seller’s market. With about 3.2 months of supply and 0% 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 Bricelyn housing market right now
In the three months ending August 31, 2026, 0% of homes in Bricelyn, MN 56014 sold above their list price, the typical home went under contract in 92 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 (19 days then) and the median sale price rose 157% to $197,814. Overall, Bricelyn is less competitive than a year ago, which gives buyers more room.
Within Faribault County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Winnebago 56098 (67% sold over asking) and Blue Earth 56013 (13% sold over asking) are even more competitive.
Run the numbers for 56014
Nearby markets
Blue Earth 56013Seller’s market $103 /sq ftDelavan 56023 — /sq ftEaston 56025 $129 /sq ftElmore 56027Seller’s market $35 /sq ft Browse all markets →Where Bricelyn is
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Questions about Bricelyn real estate
Is Bricelyn a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Bricelyn, MN 56014 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 Bricelyn?
The typical home went under contract in 92 days in the latest three months.
Do homes in Bricelyn sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 88.0% of the list price.
What are property taxes in Bricelyn?
About 0.99% of a home’s value a year in Faribault County, or roughly $3,960 on a $400,000 home.
What is the median home price in Bricelyn?
The median sale price was $197,814 in the three months ending August 31, 2026, about $103 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