Is Alpha, MN 56111 a buyer’s or seller’s market?
Alpha 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 Alpha housing market right now
In the three months ending August 31, 2026, 0% of homes in Alpha, MN 56111 sold above their list price and the typical home went under contract in 213 days. With only 1 sale, these figures can swing a lot from month to month.
Within Jackson County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Run the numbers for 56111
Nearby markets
Heron Lake 56137Buyer’s market $141 /sq ftJackson 56143Buyer’s market $67 /sq ftLakefield 56150Seller’s market $98 /sq ftOkabena 56161Balanced $153 /sq ft Browse all markets →Where Alpha is
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Questions about Alpha real estate
How fast do homes sell in Alpha?
The typical home went under contract in 213 days in the latest three months.
Do homes in Alpha sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.5% of the list price.
What are property taxes in Alpha?
About 0.93% of a home’s value a year in Jackson County, or roughly $3,720 on a $400,000 home.
What is the median home price in Alpha?
The median sale price was $364,842 in the three months ending August 31, 2026, about $140 per square foot.
Local agents
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More tools for 56111
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology