Is Arco, MN 56113 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Arco 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.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Arco housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Lincoln County, MN

Population	208
Median income	$74,375
Average income	$108,438
Median home value	$115,200
Owner-occupied	88% of homes
Median year built	1960

Natural hazard riskWinter storms (very high), hail (very high), extreme heat (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 56113; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 56113

Prefilled for 56113Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56113Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Hendricks 56136Balanced $133 /sq ft Ivanhoe 56142Buyer’s market $63 /sq ft Lake Benton 56149Seller’s market $94 /sq ft Porter 56280 $83 /sq ft Browse all markets →

Where Arco is

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Questions about Arco real estate

What are property taxes in Arco?

About 0.96% of a home’s value a year in Lincoln County, or roughly $3,840 on a $400,000 home.

Local agents

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More tools for 56113

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Lincoln County property taxes Lincoln County loan limits Closing costs in Minnesota Hottest ZIP codes in Minnesota

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology