Is Henderson, MN 56044 a buyer’s or seller’s market?
Henderson is a seller’s market. With about 1.6 months of supply and 50% 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 Henderson housing market right now
In the three months ending August 31, 2026, 50% of homes in Henderson, MN 56044 sold above their list price, the typical home went under contract in 17 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 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 80%, homes sold more slowly (15 days then) and the median sale price rose 47% to $367,341. Overall, Henderson is less competitive than a year ago, which gives buyers more room.
Within Sibley County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at New Auburn 55366 (0% sold over asking) or Gaylord 55334 (11% sold over asking).
Run the numbers for 56044
Nearby markets
Arlington 55307Buyer’s market $168 /sq ftGaylord 55334Balanced $144 /sq ftGibbon 55335Balanced $98 /sq ftGreen Isle 55338Seller’s market $160 /sq ft Browse all markets →Towns like Henderson nearby
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Questions about Henderson real estate
Is Henderson a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Henderson, MN 56044 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 Henderson?
The typical home went under contract in 17 days in the latest three months.
Do homes in Henderson sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.
What are property taxes in Henderson?
About 1.10% of a home’s value a year in Sibley County, or roughly $4,400 on a $400,000 home.
What is the median home price in Henderson?
The median sale price was $367,341 in the three months ending August 31, 2026, about $143 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