Is Ashby, MN 56309 a buyer’s or seller’s market?
Ashby is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Ashby housing market right now
In the three months ending August 31, 2026, 20% of homes in Ashby, MN 56309 sold above their list price, the typical home went under contract in 26 days and there were 5.8 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. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 57%, homes sold faster (41 days then) and the median sale price fell 29% to $235,898. Overall, Ashby is less competitive than a year ago, which gives buyers more room.
Within Grant County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Wendell 56590 (0% sold over asking) or Hoffman 56339 (0% sold over asking).
Run the numbers for 56309
Nearby markets
Barrett 56311 — /sq ftElbow Lake 56531Seller’s market $104 /sq ftHerman 56248Buyer’s market $163 /sq ftHoffman 56339Seller’s market $171 /sq ft Browse all markets →Towns like Ashby nearby
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Questions about Ashby real estate
Is Ashby a buyer’s or seller’s market?
A balanced market: there were 5.8 months of supply in Ashby, MN 56309 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 Ashby?
The typical home went under contract in 26 days in the latest three months.
Do homes in Ashby sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Ashby?
About 0.93% of a home’s value a year in Grant County, or roughly $3,720 on a $400,000 home.
What is the median home price in Ashby?
The median sale price was $235,898 in the three months ending August 31, 2026, about $140 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