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Is Dawson, MN 56232 a buyer’s or seller’s market?

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

Dawson is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$92▼ −17.9% vs. last year

The Dawson housing market right now

In the three months ending August 31, 2026, 0% of homes in Dawson, MN 56232 sold above their list price, the typical home went under contract in 41 days and there were 6.4 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 fell from 33%, homes sold faster (65 days then) and the median sale price fell 12% to $145,489. Overall, Dawson is less competitive than a year ago, which gives buyers more room.

Nearby, Boyd 56218 (50% sold over asking) is even more competitive.

Run the numbers for 56232

Prefilled for 56232Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56232Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bellingham 56212Buyer’s market $72 /sq ftBoyd 56218Seller’s market $97 /sq ftMadison 56256Buyer’s market $119 /sq ft Browse all markets →

Towns like Dawson nearby

Find towns like Dawson in other states →
Clara City, MN56222 · 35 miles away90% similarVery close on income, prices and more Montevideo, MN56265 · 19 miles away86% similarlarger Granite Falls, MN56241 · 26 miles away85% similarlarger · newer homes Canby, MN56220 · 18 miles away84% similar7 min longer commute

Where Dawson is

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Questions about Dawson real estate

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

A buyer’s market: there were 6.4 months of supply in Dawson, MN 56232 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 Dawson?

The typical home went under contract in 41 days in the latest three months.

Do homes in Dawson sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.

What are property taxes in Dawson?

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 Dawson?

The median sale price was $145,489 in the three months ending August 31, 2026, about $92 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