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Is Morris, MN 56267 a buyer’s or seller’s market?

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

Morris is a seller’s market. With about 2.7 months of supply and 36% 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.

Months of supply2.7Under 4 months = seller’s market
Sold above original list35.7%Share of sales, last 3 months
Median sale-to-list100.2%Sold price ÷ list price
Median days on market13Listing to accepted offer
Median price per sq ft$133▲ +20.0% vs. last year

The Morris housing market right now

In the three months ending August 31, 2026, 36% of homes in Morris, MN 56267 sold above their list price, the typical home went under contract in 13 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold faster (19 days then) and the median sale price rose 21% to $229,901. Overall, Morris is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Hancock 56244 (0% sold over asking) or Donnelly 56235 (25% sold over asking).

Run the numbers for 56267

Prefilled for 56267Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56267Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Chokio 56221 — /sq ftDonnelly 56235Seller’s market $96 /sq ftHancock 56244 $112 /sq ft Browse all markets →

Towns like Morris nearby

Find towns like Morris in other states →
Benson, MN56215 · 25 miles away63% similarcheaper homes ($69K less) · older residents Hancock, MN56244 · 9 miles away57% similarcheaper homes ($75K less) · smaller Alexandria, MN56308 · 33 miles away55% similarpricier homes ($105K more) · larger Murdock, MN56271 · 36 miles away52% similarsmaller · 8 min longer commute

Where Morris is

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Questions about Morris real estate

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

A seller’s market: there were 2.7 months of supply in Morris, MN 56267 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 Morris?

The typical home went under contract in 13 days in the latest three months.

Do homes in Morris sell over asking?

36% of homes sold above their original list price, and the typical sale closed at 100.2% of the list price.

What are property taxes in Morris?

About 0.81% of a home’s value a year in Stevens County, or roughly $3,240 on a $400,000 home.

What is the median home price in Morris?

The median sale price was $229,901 in the three months ending August 31, 2026, about $133 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