Is Miltona, MN 56354 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Miltona is a seller’s market. With about 2 months of supply and 31% 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.

Months of supply2Under 4 months = seller’s market
Sold above original list30.8%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$235▼ −7.8% vs. last year

The Miltona housing market right now

In the three months ending August 31, 2026, 31% of homes in Miltona, MN 56354 sold above their list price, the typical home went under contract in 20 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (30% then), homes sold faster (34 days then) and the median sale price rose 31% to $457,802. Overall, Miltona is more competitive than a year ago, so tougher for buyers.

Within Douglas County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 86%.

Nearby, buyers who want less competition could look at Nelson 56355 (0% sold over asking) or Kensington 56343 (0% sold over asking), while Evansville 56326 (33% sold over asking) is even more competitive.

Nearby markets

Alexandria 56308Seller’s market $194 /sq ftBrandon 56315Seller’s market $246 /sq ftCarlos 56319Seller’s market $228 /sq ftEvansville 56326Seller’s market $231 /sq ft Browse all markets →

Where Miltona is

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Questions about Miltona real estate

Is Miltona a buyer’s or seller’s market?

A seller’s market: there were 2 months of supply in Miltona, MN 56354 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 Miltona?

The typical home went under contract in 20 days in the latest three months.

Do homes in Miltona sell over asking?

31% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.

What are property taxes in Miltona?

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 Miltona?

The median sale price was $457,802 in the three months ending August 31, 2026, about $235 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