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Is Appleton, MN 56208 a buyer’s or seller’s market?

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

Appleton is a buyer’s market. With about 7.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$114▲ +114.0% vs. last year

The Appleton housing market right now

In the three months ending August 31, 2026, 0% of homes in Appleton, MN 56208 sold above their list price, the typical home went under contract in 62 days and there were 7.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 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 faster (98 days then) and the median sale price rose 131% to $149,935. Overall, Appleton is more competitive than a year ago, so tougher for buyers.

Nearby, Kerkhoven 56252 (33% sold over asking) and Benson 56215 (13% sold over asking) are even more competitive.

Run the numbers for 56208

Prefilled for 56208Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56208Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Benson 56215Seller’s market $99 /sq ftHolloway 56249 — /sq ftKerkhoven 56252Seller’s market $128 /sq ftMurdock 56271 — /sq ft Browse all markets →

Towns like Appleton nearby

Find towns like Appleton in other states →
Madison, MN56256 · 17 miles away94% similarVery close on income, prices and more Canby, MN56220 · 36 miles away76% similarpricier homes ($72K more) · younger residents Benson, MN56215 · 22 miles away72% similarpricier homes ($65K more) · larger Granite Falls, MN56241 · 35 miles away72% similarpricier homes ($53K more) · larger

Where Appleton is

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Questions about Appleton real estate

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

A buyer’s market: there were 7.7 months of supply in Appleton, MN 56208 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 Appleton?

The typical home went under contract in 62 days in the latest three months.

Do homes in Appleton sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.

What are property taxes in Appleton?

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

What is the median home price in Appleton?

The median sale price was $149,935 in the three months ending August 31, 2026, about $114 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