Is Raymond, MN 56282 a buyer’s or seller’s market?

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

Raymond is a seller’s market. With about 0.8 months of supply and 38% 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 supply0.8Under 4 months = seller’s market
Sold above original list37.5%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$110▼ −20.1% vs. last year

The Raymond housing market right now

In the three months ending August 31, 2026, 38% of homes in Raymond, MN 56282 sold above their list price, the typical home went under contract in 48 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, 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 faster (73 days then) and the median sale price fell 8% to $221,904. Overall, Raymond is more competitive than a year ago, so tougher for buyers.

Within Kandiyohi County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell more often over asking than in 90%.

Nearby, buyers who want less competition could look at Prinsburg 56281 (0% sold over asking) or Lake Lillian 56253 (0% sold over asking), while Sunburg 56289 (50% sold over asking) is even more competitive.

Nearby markets

Atwater 56209Seller’s market $277 /sq ftBlomkest 56216Seller’s market $120 /sq ftKandiyohi 56251 $147 /sq ftLake Lillian 56253Buyer’s market $216 /sq ft Browse all markets →

Where Raymond is

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Questions about Raymond real estate

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

A seller’s market: there were 0.8 months of supply in Raymond, MN 56282 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 Raymond?

The typical home went under contract in 48 days in the latest three months.

Do homes in Raymond sell over asking?

38% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Raymond?

About 1.02% of a home’s value a year in Kandiyohi County, or roughly $4,080 on a $400,000 home.

What is the median home price in Raymond?

The median sale price was $221,904 in the three months ending August 31, 2026, about $110 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