Is Spicer, MN 56288 a buyer’s or seller’s market?

The Spicer housing market right now

In the three months ending August 31, 2026, 8% of homes in Spicer, MN 56288 sold above their list price, the typical home went under contract in 30 days and there were 4.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 25 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold more slowly (23 days then) and the median sale price rose 36% to $474,795. Overall, Spicer is less competitive than a year ago, which gives buyers more room.

Within Kandiyohi County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 60%. On our competition score, Spicer ranks #282 of 296 MN ZIP codes with enough sales (score 27 out of 100).

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) and Raymond 56282 (38% sold over asking) are even more competitive.