Is Odessa, MN 56276 a buyer’s or seller’s market?
Odessa 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.
The Odessa housing market right now
In the three months ending August 31, 2026, 100% of homes in Odessa, MN 56276 sold above their list price and the typical home went under contract in 87 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 rose from 0%, homes sold more slowly (62 days then) and the median sale price rose 117% to $259,888. Overall, Odessa is more competitive than a year ago, so tougher for buyers.
Within Big Stone County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Clinton 56225 (0% sold over asking) or Beardsley 56211 (0% sold over asking).
Run the numbers for 56276
Nearby markets
Barry 56210 $60 /sq ftBeardsley 56211 $40 /sq ftClinton 56225Buyer’s market $180 /sq ftGraceville 56240 — /sq ft Browse all markets →Where Odessa is
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Questions about Odessa real estate
How fast do homes sell in Odessa?
The typical home went under contract in 87 days in the latest three months.
Do homes in Odessa sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 102.0% of the list price.
What are property taxes in Odessa?
About 0.87% of a home’s value a year in Big Stone County, or roughly $3,480 on a $400,000 home.
What is the median home price in Odessa?
The median sale price was $259,888 in the three months ending August 31, 2026, about $132 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