Is Brooten, MN 56316 a buyer’s or seller’s market?
Brooten is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Brooten housing market right now
In the three months ending August 31, 2026, 33% of homes in Brooten, MN 56316 sold above their list price, the typical home went under contract in 14 days and there were 4.3 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 3 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 50%, homes sold faster (24 days then) and the median sale price fell 42% to $159,931. Overall, Brooten is less competitive than a year ago, which gives buyers more room.
Within Pope County, homes here sell faster than in 86% 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 Villard 56385 (0% sold over asking) or Lowry 56349 (0% sold over asking).
Run the numbers for 56316
Nearby markets
Clontarf 56226 $100 /sq ftCyrus 56323Buyer’s market $106 /sq ftFarwell 56327Seller’s market $195 /sq ftGlenwood 56334Seller’s market $191 /sq ft Browse all markets →Towns like Brooten nearby
Find towns like Brooten in other states →Where Brooten is
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Questions about Brooten real estate
Is Brooten a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Brooten, MN 56316 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 Brooten?
The typical home went under contract in 14 days in the latest three months.
Do homes in Brooten sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Brooten?
About 0.77% of a home’s value a year in Pope County, or roughly $3,080 on a $400,000 home.
What is the median home price in Brooten?
The median sale price was $159,931 in the three months ending August 31, 2026, about $107 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