OfferBackedBuyer Tools

Is Edgerton, MN 56128 a buyer’s or seller’s market?

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

Edgerton is a buyer’s market. With about 22.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply22.4Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list102.8%Sold price ÷ list price
Median days on market10Listing to accepted offer
Median price per sq ft$110▲ +14.6% vs. last year

The Edgerton housing market right now

In the three months ending August 31, 2026, 100% of homes in Edgerton, MN 56128 sold above their list price, the typical home went under contract in 10 days and there were 22.4 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 rose from 25%, homes sold faster (106 days then) and the median sale price rose 28% to $184,920. Overall, Edgerton is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Holland 56139 (0% sold over asking) or Pipestone 56164 (6% sold over asking).

Run the numbers for 56128

Prefilled for 56128Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56128Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Holland 56139Seller’s market $166 /sq ftPipestone 56164Buyer’s market $146 /sq ftRuthton 56170 — /sq ftWoodstock 56186 — /sq ft Browse all markets →

Towns like Edgerton nearby

Find towns like Edgerton in other states →
Adrian, MN56110 · 21 miles away88% similaryounger residents · 7 min longer commute Slayton, MN56172 · 21 miles away87% similarlarger · more renters Fulda, MN56131 · 27 miles away85% similar8 min longer commute Tracy, MN56175 · 36 miles away85% similarcheaper homes ($27K less) · larger

Where Edgerton is

Loading map…

Questions about Edgerton real estate

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

A buyer’s market: there were 22.4 months of supply in Edgerton, MN 56128 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 Edgerton?

The typical home went under contract in 10 days in the latest three months.

Do homes in Edgerton sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 102.8% of the list price.

What are property taxes in Edgerton?

About 0.86% of a home’s value a year in Pipestone County, or roughly $3,440 on a $400,000 home.

What is the median home price in Edgerton?

The median sale price was $184,920 in the three months ending August 31, 2026, about $110 per square foot.

Local agents

See all agents in 56128 →

No sponsored agents in 56128 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 56128

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 Pipestone County property taxesPipestone County loan limitsClosing costs in MinnesotaHottest ZIP codes in Minnesota
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

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