Is Long Prairie, MN 56347 a buyer’s or seller’s market?

The Long Prairie housing market right now

In the three months ending August 31, 2026, 28% of homes in Long Prairie, MN 56347 sold above their list price, the typical home went under contract in 46 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 19 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 22%, homes sold faster (50 days then) and the median sale price rose 11% to $227,901. Overall, Long Prairie is more competitive than a year ago, so tougher for buyers.

Within Todd County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Long Prairie ranks #236 of 296 MN ZIP codes with enough sales (score 49 out of 100).

Nearby, buyers who want less competition could look at Grey Eagle 56336 (0% sold over asking) or Browerville 56438 (9% sold over asking), while Bertha 56437 (33% sold over asking) is even more competitive.