Is Hollandale, MN 56045 a buyer’s or seller’s market?
Hollandale is a seller’s market. With about 2.1 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 Hollandale housing market right now
In the three months ending August 31, 2026, 0% of homes in Hollandale, MN 56045 sold above their list price, the typical home went under contract in 21 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 25%, homes sold more slowly (11 days then) and the median sale price fell 27% to $277,245. Overall, Hollandale is less competitive than a year ago, which gives buyers more room.
Within Freeborn County, homes here sell faster than in 71% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Glenville 56036 (50% sold over asking) and Hayward 56043 (50% sold over asking) are even more competitive.
Run the numbers for 56045
Nearby markets
Albert Lea 56007Seller’s market $131 /sq ftAlden 56009Balanced $108 /sq ftClarks Grove 56016Seller’s market $121 /sq ftEmmons 56029Balanced $145 /sq ft Browse all markets →Where Hollandale is
Loading map…
Questions about Hollandale real estate
Is Hollandale a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Hollandale, MN 56045 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 Hollandale?
The typical home went under contract in 21 days in the latest three months.
Do homes in Hollandale sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Hollandale?
About 1.11% of a home’s value a year in Freeborn County, or roughly $4,440 on a $400,000 home.
What is the median home price in Hollandale?
The median sale price was $277,245 in the three months ending August 31, 2026, about $134 per square foot.
Local agents
See all agents in 56045 →No sponsored agents in 56045 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 56045
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology