Is Foley, MN 56329 a buyer’s or seller’s market?
Foley is a seller’s market. With about 1.6 months of supply and 21% 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.
More competitive than 67% of U.S. ZIP codes, and #178 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Foley housing market right now
In the three months ending August 31, 2026, 21% of homes in Foley, MN 56329 sold above their list price, the typical home went under contract in 27 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 29 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (21% then), homes sold more slowly (25 days then) and the median sale price held steady to $297,910. Overall, Foley is about as competitive as it was a year ago.
On our competition score, Foley ranks #178 of 296 MN ZIP codes with enough sales (score 64 out of 100).
Nearby, Oak Park 56357 (100% sold over asking) and Sauk Rapids 56379 (32% sold over asking) are even more competitive.
Run the numbers for 56329
Nearby markets
Oak Park 56357Buyer’s market $299 /sq ftRice 56367Seller’s market $227 /sq ftSauk Rapids 56379Seller’s market $161 /sq ft Browse all markets →Towns like Foley nearby
Find towns like Foley in other states →Where Foley is
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Questions about Foley real estate
Is Foley a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Foley, MN 56329 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 Foley?
The typical home went under contract in 27 days in the latest three months.
Do homes in Foley sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Foley?
About 0.98% of a home’s value a year in Benton County, or roughly $3,920 on a $400,000 home.
What is the median home price in Foley?
The median sale price was $297,910 in the three months ending August 31, 2026, about $176 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