Is Pemberton, MN 56078 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Pemberton is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.1%Sold price ÷ list price
Median days on market166Listing to accepted offer
Median price per sq ft$127▲ +18.4% vs. last year

The Pemberton housing market right now

In the three months ending August 31, 2026, 0% of homes in Pemberton, MN 56078 sold above their list price, the typical home went under contract in 166 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 (18 days then) and the median sale price rose 33% to $217,906. Overall, Pemberton is less competitive than a year ago, which gives buyers more room.

Within Blue Earth County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Lake Crystal 56055 (86% sold over asking) and Saint Clair 56080 (67% sold over asking) are even more competitive.

Nearby markets

Amboy 56010Seller’s market $111 /sq ftEagle Lake 56024Seller’s market $162 /sq ftGarden City 56034Seller’s market $116 /sq ftGood Thunder 56037Seller’s market $218 /sq ft Browse all markets →

Where Pemberton is

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Questions about Pemberton real estate

Is Pemberton a buyer’s or seller’s market?

A buyer’s market: there were 12.8 months of supply in Pemberton, MN 56078 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 Pemberton?

The typical home went under contract in 166 days in the latest three months.

Do homes in Pemberton sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.

What are property taxes in Pemberton?

About 0.98% of a home’s value a year in Blue Earth County, or roughly $3,920 on a $400,000 home.

What is the median home price in Pemberton?

The median sale price was $217,906 in the three months ending August 31, 2026, about $127 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