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Is Swanville, MN 56382 a buyer’s or seller’s market?

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

Swanville is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.1%Sold price ÷ list price
Median days on market238Listing to accepted offer
Median price per sq ft$133▼ −10.7% vs. last year

The Swanville housing market right now

In the three months ending August 31, 2026, 0% of homes in Swanville, MN 56382 sold above their list price, the typical home went under contract in 238 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (41 days then) and the median sale price rose 15% to $333,356. Overall, Swanville is less competitive than a year ago, which gives buyers more room.

Within Morrison County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Upsala 56384 (100% sold over asking) and Royalton 56373 (29% sold over asking) are even more competitive.

Run the numbers for 56382

Prefilled for 56382Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56382Over-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 ftCushing 56443Balanced $201 /sq ftFlensburg 56328 — /sq ftHillman 56338Seller’s market $295 /sq ft Browse all markets →

Towns like Swanville nearby

Find towns like Swanville in other states →
Burtrum, MN56318 · 5 miles away93% similarVery close on income, prices and more Randall, MN56475 · 11 miles away92% similarcheaper homes ($70K less) Parkers Prairie, MN56361 · 37 miles away89% similarcheaper homes ($30K less) · larger Bowlus, MN56314 · 14 miles away86% similarVery close on income, prices and more

Where Swanville is

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Questions about Swanville real estate

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

A buyer’s market: there were 6.4 months of supply in Swanville, MN 56382 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 Swanville?

The typical home went under contract in 238 days in the latest three months.

Do homes in Swanville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.1% of the list price.

What are property taxes in Swanville?

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

What is the median home price in Swanville?

The median sale price was $333,356 in the three months ending August 31, 2026, about $133 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