Is Clarissa, MN 56440 a buyer’s or seller’s market?
Clarissa is a seller’s market. With about 1.6 months of supply and 17% 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.
The Clarissa housing market right now
In the three months ending August 31, 2026, 17% of homes in Clarissa, MN 56440 sold above their list price, the typical home went under contract in 18 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. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (5 days then) and the median sale price rose 30% to $189,918. Overall, Clarissa is more competitive than a year ago, so tougher for buyers.
Within Todd County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in 75%.
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) and Osakis 56360 (30% sold over asking) are even more competitive.
Run the numbers for 56440
Nearby markets
Bertha 56437Balanced $133 /sq ftBrowerville 56438Seller’s market $192 /sq ftBurtrum 56318Seller’s market $168 /sq ftEagle Bend 56446Seller’s market $193 /sq ft Browse all markets →Towns like Clarissa nearby
Find towns like Clarissa in other states →Where Clarissa is
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Questions about Clarissa real estate
Is Clarissa a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Clarissa, MN 56440 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 Clarissa?
The typical home went under contract in 18 days in the latest three months.
Do homes in Clarissa sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Clarissa?
About 0.95% of a home’s value a year in Todd County, or roughly $3,800 on a $400,000 home.
What is the median home price in Clarissa?
The median sale price was $189,918 in the three months ending August 31, 2026, about $115 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