Is Morton, MN 56270 a buyer’s or seller’s market?

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

Morton 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list101.1%Sold price ÷ list price
Median days on market88Listing to accepted offer
Median price per sq ft$116

The Morton housing market right now

In the three months ending August 31, 2026, 50% of homes in Morton, MN 56270 sold above their list price, the typical home went under contract in 88 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.

Within Renville County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Sacred Heart 56285 (0% sold over asking) or Renville 56284 (0% sold over asking).

Nearby markets

Bird Island 55310Buyer’s market $113 /sq ftBuffalo Lake 55314Seller’s market $243 /sq ftDanube 56230 — /sq ftFairfax 55332Seller’s market $92 /sq ft Browse all markets →

Where Morton is

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Questions about Morton real estate

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

A seller’s market: there were 3.2 months of supply in Morton, MN 56270 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 Morton?

The typical home went under contract in 88 days in the latest three months.

Do homes in Morton sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.

What are property taxes in Morton?

About 1.04% of a home’s value a year in Renville County, or roughly $4,160 on a $400,000 home.

What is the median home price in Morton?

The median sale price was $121,148 in the three months ending August 31, 2026, about $116 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