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Is Bigelow, MN 56117 a buyer’s or seller’s market?

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

Bigelow is a seller’s market. With about 3.2 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list106.2%Sold price ÷ list price
Median days on market275Listing to accepted offer
Median price per sq ft$119

The Bigelow housing market right now

In the three months ending August 31, 2026, 0% of homes in Bigelow, MN 56117 sold above their list price, the typical home went under contract in 275 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.

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

Nearby, Reading 56165 (100% sold over asking) and Brewster 56119 (67% sold over asking) are even more competitive.

Run the numbers for 56117

Prefilled for 56117Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56117Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Adrian 56110Seller’s market $103 /sq ftBrewster 56119Balanced $137 /sq ftEllsworth 56129Seller’s market $90 /sq ftLeota 56153 — /sq ft Browse all markets →

Where Bigelow is

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Questions about Bigelow real estate

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

A seller’s market: there were 3.2 months of supply in Bigelow, MN 56117 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 Bigelow?

The typical home went under contract in 275 days in the latest three months.

Do homes in Bigelow sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 106.2% of the list price.

What are property taxes in Bigelow?

About 0.99% of a home’s value a year in Nobles County, or roughly $3,960 on a $400,000 home.

What is the median home price in Bigelow?

The median sale price was $145,937 in the three months ending August 31, 2026, about $119 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