Is Flensburg, MN 56328 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Flensburg is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Flensburg housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Morrison County, MN

Population	144
Median income	$107,188
Average income	$103,915
Median home value	$186,900
Owner-occupied	93% of homes
Median year built	1970

Natural hazard riskHail (relatively high), wildfire (moderate), tornadoes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 56328; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 56328

Prefilled for 56328Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56328Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bowlus 56314Seller’s market $175 /sq ft Cushing 56443Balanced $201 /sq ft Hillman 56338Seller’s market $295 /sq ft Little Falls 56345Seller’s market $157 /sq ft Browse all markets →

Where Flensburg is

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Questions about Flensburg real estate

What are property taxes in Flensburg?

About 0.88% of a home’s value a year in Morrison County, or roughly $3,520 on a $400,000 home.

Local agents

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More tools for 56328

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Morrison County property taxes Morrison County loan limits Closing costs in Minnesota Hottest ZIP codes in Minnesota

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology