Is Rushmore, MN 56168 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Rushmore 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 Rushmore housing market right now

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

About the area

Nobles County, MN

Population	858
Median income	$71,786
Average income	$93,695
Median home value	$174,500
Median rent	$914/month
Owner-occupied	85% of homes
Median year built	1949

Natural hazard riskWinter storms (very high), hail (very high), tornadoes (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 56168; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 56168

Prefilled for 56168Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56168Over-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 ft Bigelow 56117Seller’s market $119 /sq ft Brewster 56119Balanced $137 /sq ft Ellsworth 56129Seller’s market $90 /sq ft Browse all markets →

Where Rushmore is

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Questions about Rushmore real estate

What are property taxes in Rushmore?

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

Local agents

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More tools for 56168

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 Nobles County property taxes Nobles 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