Is Granada, MN 56039 a buyer’s or seller’s market?
Granada 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 Granada housing market right now
In the three months ending August 31, 2026, 0% of homes in Granada, MN 56039 sold above their list price, the typical home went under contract in 31 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 2 sales, these figures can swing a lot from month to month.
Within Martin County, homes here sell faster than in 78% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Ceylon 56121 (33% sold over asking) and Sherburn 56171 (25% sold over asking) are even more competitive.
Run the numbers for 56039
Nearby markets
Ceylon 56121Balanced $49 /sq ftDunnell 56127Balanced $91 /sq ftFairmont 56031Seller’s market $111 /sq ftOdin 56160Seller’s market $101 /sq ft Browse all markets →Where Granada is
Loading map…
Questions about Granada real estate
Is Granada a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Granada, MN 56039 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 Granada?
The typical home went under contract in 31 days in the latest three months.
Do homes in Granada sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Granada?
About 1.02% of a home’s value a year in Martin County, or roughly $4,080 on a $400,000 home.
What is the median home price in Granada?
The median sale price was $168,927 in the three months ending August 31, 2026, about $140 per square foot.
Local agents
See all agents in 56039 →No sponsored agents in 56039 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 56039
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology