Is Evansville, MN 56326 a buyer’s or seller’s market?
Evansville is a seller’s market. With about 3.2 months of supply and 33% 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 Evansville housing market right now
In the three months ending August 31, 2026, 33% of homes in Evansville, MN 56326 sold above their list price, the typical home went under contract in 34 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 rose from 14%, homes sold faster (140 days then) and the median sale price rose 196% to $749,676. Overall, Evansville is more competitive than a year ago, so tougher for buyers.
Within Douglas County, homes here sell faster than in 57% 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 Nelson 56355 (0% sold over asking) or Kensington 56343 (0% sold over asking).
Run the numbers for 56326
Nearby markets
Alexandria 56308Seller’s market $194 /sq ftBrandon 56315Seller’s market $246 /sq ftCarlos 56319Seller’s market $228 /sq ftGarfield 56332Buyer’s market $273 /sq ft Browse all markets →Towns like Evansville nearby
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Questions about Evansville real estate
Is Evansville a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Evansville, MN 56326 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 Evansville?
The typical home went under contract in 34 days in the latest three months.
Do homes in Evansville sell over asking?
33% 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 Evansville?
About 0.83% of a home’s value a year in Douglas County, or roughly $3,320 on a $400,000 home.
What is the median home price in Evansville?
The median sale price was $749,676 in the three months ending August 31, 2026, about $231 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