Is Boyd, MN 56218 a buyer’s or seller’s market?
Boyd is a seller’s market. With about 3.2 months of supply and 50% 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.
The Boyd housing market right now
In the three months ending August 31, 2026, 50% of homes in Boyd, MN 56218 sold above their list price, the typical home went under contract in 14 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 2 sales, these figures can swing a lot from month to month.
Nearby, buyers who want less competition could look at Madison 56256 (0% sold over asking) or Dawson 56232 (0% sold over asking).
Run the numbers for 56218
Nearby markets
Bellingham 56212Buyer’s market $72 /sq ftDawson 56232Buyer’s market $92 /sq ftMadison 56256Buyer’s market $119 /sq ft Browse all markets →Where Boyd is
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Questions about Boyd real estate
Is Boyd a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Boyd, MN 56218 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 Boyd?
The typical home went under contract in 14 days in the latest three months.
Do homes in Boyd sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Boyd?
About 0.90% of a home’s value a year in Lac qui Parle County, or roughly $3,600 on a $400,000 home.
What is the median home price in Boyd?
The median sale price was $136,941 in the three months ending August 31, 2026, about $97 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