Is Motley, MN 56466 a buyer’s or seller’s market?
Motley is a seller’s market. With about 3.6 months of supply and 11% 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 31% of U.S. ZIP codes, and #270 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 Motley housing market right now
In the three months ending August 31, 2026, 11% of homes in Motley, MN 56466 sold above their list price, the typical home went under contract in 24 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 24%, homes sold faster (33 days then) and the median sale price rose 10% to $295,972. Overall, Motley is less competitive than a year ago, which gives buyers more room.
Within Cass County, homes here sell faster than in 73% of the county’s ZIP codes, and sell less often over asking than in 73%. On our competition score, Motley ranks #270 of 296 MN ZIP codes with enough sales (score 34 out of 100).
Nearby, buyers who want less competition could look at Federal Dam 56641 (0% sold over asking) or Cass Lake 56633 (0% sold over asking), while Remer 56672 (45% sold over asking) and Backus 56435 (33% sold over asking) are even more competitive.
Run the numbers for 56466
Nearby markets
Backus 56435Seller’s market $273 /sq ftBena 56626 — /sq ftCass Lake 56633Buyer’s market $105 /sq ftFederal Dam 56641Seller’s market $212 /sq ft Browse all markets →Towns like Motley nearby
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Questions about Motley real estate
Is Motley a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Motley, MN 56466 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 Motley?
The typical home went under contract in 24 days in the latest three months.
Do homes in Motley sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 95.6% of the list price.
What are property taxes in Motley?
About 0.56% of a home’s value a year in Cass County, or roughly $2,240 on a $400,000 home.
What is the median home price in Motley?
The median sale price was $295,972 in the three months ending August 31, 2026, about $252 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