Is Lewisville, MN 56060 a buyer’s or seller’s market?
Lewisville is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Lewisville housing market right now
In the three months ending August 31, 2026, 33% of homes in Lewisville, MN 56060 sold above their list price and the typical home went under contract in 44 days. 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 67%, homes sold faster (68 days then) and the median sale price fell 39% to $139,839. Overall, Lewisville is less competitive than a year ago, which gives buyers more room.
Nearby, buyers who want less competition could look at Butterfield 56120 (0% sold over asking) or Saint James 56081 (12% sold over asking).
Run the numbers for 56060
Nearby markets
Butterfield 56120Buyer’s market $51 /sq ftMadelia 56062Seller’s market $142 /sq ftSaint James 56081Balanced $106 /sq ft Browse all markets →Where Lewisville is
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Questions about Lewisville real estate
How fast do homes sell in Lewisville?
The typical home went under contract in 44 days in the latest three months.
Do homes in Lewisville sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 102.2% of the list price.
What are property taxes in Lewisville?
About 1.05% of a home’s value a year in Watonwan County, or roughly $4,200 on a $400,000 home.
What is the median home price in Lewisville?
The median sale price was $139,839 in the three months ending August 31, 2026, about $84 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