Is Fort Ripley, MN 56449 a buyer’s or seller’s market?
Fort Ripley is a seller’s market. With about 1.5 months of supply and 27% 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 Fort Ripley housing market right now
In the three months ending August 31, 2026, 27% of homes in Fort Ripley, MN 56449 sold above their list price, the typical home went under contract in 35 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (45 days then) and the median sale price rose 33% to $507,780. Overall, Fort Ripley is more competitive than a year ago, so tougher for buyers.
Within Crow Wing County, homes here sell more slowly than in 82% of the county’s ZIP codes, and sell less often over asking than in 55%.
Nearby, buyers who want less competition could look at Garrison 56450 (8% sold over asking) or Crosslake 56442 (15% sold over asking), while Fifty Lakes 56448 (57% sold over asking) and Ironton 56455 (45% sold over asking) are even more competitive.
Run the numbers for 56449
Nearby markets
Baxter 56425Seller’s market $176 /sq ftBrainerd 56401Seller’s market $192 /sq ftCrosby 56441Seller’s market $209 /sq ftCrosslake 56442Seller’s market $349 /sq ft Browse all markets →Towns like Fort Ripley nearby
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Questions about Fort Ripley real estate
Is Fort Ripley a buyer’s or seller’s market?
A seller’s market: there were 1.5 months of supply in Fort Ripley, MN 56449 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 Fort Ripley?
The typical home went under contract in 35 days in the latest three months.
Do homes in Fort Ripley sell over asking?
27% 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 Fort Ripley?
About 0.74% of a home’s value a year in Crow Wing County, or roughly $2,960 on a $400,000 home.
What is the median home price in Fort Ripley?
The median sale price was $507,780 in the three months ending August 31, 2026, about $202 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