Is Sunburg, MN 56289 a buyer’s or seller’s market?
Sunburg is a seller’s market. With about 1.6 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.
The Sunburg housing market right now
In the three months ending August 31, 2026, 50% of homes in Sunburg, MN 56289 sold above their list price, the typical home went under contract in 25 days and there were 1.6 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.
Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold faster (70 days then) and the median sale price fell 28% to $295,372. Overall, Sunburg is more competitive than a year ago, so tougher for buyers.
Within Kandiyohi County, homes here sell faster than in 70% 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 Prinsburg 56281 (0% sold over asking) or Lake Lillian 56253 (0% sold over asking).
Run the numbers for 56289
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 Sunburg is
Loading map…
Questions about Sunburg real estate
Is Sunburg a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Sunburg, MN 56289 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 Sunburg?
The typical home went under contract in 25 days in the latest three months.
Do homes in Sunburg sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Sunburg?
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 Sunburg?
The median sale price was $295,372 in the three months ending August 31, 2026, about $222 per square foot.
Local agents
See all agents in 56289 →No sponsored agents in 56289 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 56289
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology