Is Cosmos, MN 56228 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Cosmos 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 list0%Share of sales, last 3 months

Median sale-to-list97.9%Sold price ÷ list price

Median days on market10Listing to accepted offer

Median price per sq ft$398▲ +344.3% vs. last year

The Cosmos housing market right now

In the three months ending August 31, 2026, 0% of homes in Cosmos, MN 56228 sold above their list price and the typical home went under contract in 10 days. 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 was about the same (0% then), homes sold faster (88 days then) and the median sale price rose 346% to $709,693. Overall, Cosmos is more competitive than a year ago, so tougher for buyers.

Within Meeker County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Litchfield 55355 (29% sold over asking) and Darwin 55324 (22% sold over asking) are even more competitive.

About the area

Meeker County, MN

Population	922
Median income	$69,844
Average income	$88,983
Median home value	$152,300
Median rent	$697/month
Owner-occupied	87% of homes
Median year built	1958

Natural hazard riskTornadoes (relatively high), winter storms (relatively high), hail (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 56228; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 56228

Prefilled for 56228Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56228Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Darwin 55324Seller’s market $196 /sq ft Dassel 55325Seller’s market $184 /sq ft Eden Valley 55329Seller’s market $125 /sq ft Grove City 56243Seller’s market $126 /sq ft Browse all markets →

Where Cosmos is

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Questions about Cosmos real estate

How fast do homes sell in Cosmos?

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

Do homes in Cosmos sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.

What are property taxes in Cosmos?

About 0.90% of a home’s value a year in Meeker County, or roughly $3,600 on a $400,000 home.

What is the median home price in Cosmos?

The median sale price was $709,693 in the three months ending August 31, 2026, about $398 per square foot.

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More tools for 56228

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 Meeker County property taxes Meeker 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