Is Trimont, MN 56176 a buyer’s or seller’s market?
Trimont is a buyer’s market. With about 11.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Trimont housing market right now
In the three months ending August 31, 2026, 0% of homes in Trimont, MN 56176 sold above their list price, the typical home went under contract in 210 days and there were 11.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (18 days then) and the median sale price rose 15% to $189,918. Overall, Trimont is less competitive than a year ago, which gives buyers more room.
Within Martin County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Ceylon 56121 (33% sold over asking) and Sherburn 56171 (25% sold over asking) are even more competitive.
Run the numbers for 56176
Nearby markets
Ceylon 56121Balanced $49 /sq ftDunnell 56127Balanced $91 /sq ftFairmont 56031Seller’s market $111 /sq ftGranada 56039Seller’s market $140 /sq ft Browse all markets →Where Trimont is
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Questions about Trimont real estate
Is Trimont a buyer’s or seller’s market?
A buyer’s market: there were 11.2 months of supply in Trimont, MN 56176 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 Trimont?
The typical home went under contract in 210 days in the latest three months.
Do homes in Trimont sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.5% of the list price.
What are property taxes in Trimont?
About 1.02% of a home’s value a year in Martin County, or roughly $4,080 on a $400,000 home.
What is the median home price in Trimont?
The median sale price was $189,918 in the three months ending August 31, 2026, about $91 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