Is Laporte, MN 56461 a buyer’s or seller’s market?
Laporte is a seller’s market. With about 3.8 months of supply and 19% 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.
More competitive than 34% of U.S. ZIP codes, and #263 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Laporte housing market right now
In the three months ending August 31, 2026, 19% of homes in Laporte, MN 56461 sold above their list price, the typical home went under contract in 50 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 22 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (20% then), homes sold faster (73 days then) and the median sale price fell 19% to $314,864. Overall, Laporte is more competitive than a year ago, so tougher for buyers.
Within Hubbard County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county. On our competition score, Laporte ranks #263 of 296 MN ZIP codes with enough sales (score 36 out of 100).
Nearby, Nevis 56467 (43% sold over asking) and Akeley 56433 (40% sold over asking) are even more competitive.
Run the numbers for 56461
Nearby markets
Akeley 56433Seller’s market $185 /sq ftLake George 56458Seller’s market $191 /sq ftNevis 56467Seller’s market $263 /sq ftPark Rapids 56470Balanced $192 /sq ft Browse all markets →Towns like Laporte nearby
Find towns like Laporte in other states →Where Laporte is
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Questions about Laporte real estate
Is Laporte a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Laporte, MN 56461 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 Laporte?
The typical home went under contract in 50 days in the latest three months.
Do homes in Laporte sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.
What are property taxes in Laporte?
About 0.78% of a home’s value a year in Hubbard County, or roughly $3,120 on a $400,000 home.
What is the median home price in Laporte?
The median sale price was $314,864 in the three months ending August 31, 2026, about $193 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