Is Cyrus, MN 56323 a buyer’s or seller’s market?
Cyrus is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Cyrus housing market right now
In the three months ending August 31, 2026, 0% of homes in Cyrus, MN 56323 sold above their list price, the typical home went under contract in 345 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (40 days then) and the median sale price rose 14% to $214,907. Overall, Cyrus is less competitive than a year ago, which gives buyers more room.
Within Pope County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Brooten 56316 (33% sold over asking) and Starbuck 56381 (20% sold over asking) are even more competitive.
Run the numbers for 56323
Nearby markets
Brooten 56316Balanced $107 /sq ftClontarf 56226 $100 /sq ftFarwell 56327Seller’s market $195 /sq ftGlenwood 56334Seller’s market $191 /sq ft Browse all markets →Where Cyrus is
Loading map…
Questions about Cyrus real estate
Is Cyrus a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Cyrus, MN 56323 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 Cyrus?
The typical home went under contract in 345 days in the latest three months.
Do homes in Cyrus sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.7% of the list price.
What are property taxes in Cyrus?
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 Cyrus?
The median sale price was $214,907 in the three months ending August 31, 2026, about $106 per square foot.
Local agents
See all agents in 56323 →No sponsored agents in 56323 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 56323
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology