Is Barnesville, MN 56514 a buyer’s or seller’s market?
Barnesville is a seller’s market. With about 2.3 months of supply and 35% 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 78% of U.S. ZIP codes, and #108 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 Barnesville housing market right now
In the three months ending August 31, 2026, 35% of homes in Barnesville, MN 56514 sold above their list price, the typical home went under contract in 22 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold faster (32 days then) and the median sale price fell 15% to $219,905. Overall, Barnesville is about as competitive as it was a year ago.
Within Clay County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Barnesville ranks #108 of 296 MN ZIP codes with enough sales (score 73 out of 100).
Nearby, buyers who want less competition could look at Glyndon 56547 (0% sold over asking) or Dilworth 56529 (15% sold over asking).
Run the numbers for 56514
Nearby markets
Dilworth 56529Seller’s market $166 /sq ftFelton 56536 — /sq ftGeorgetown 56546 — /sq ftGlyndon 56547Seller’s market $162 /sq ft Browse all markets →Towns like Barnesville nearby
Find towns like Barnesville in other states →Where Barnesville is
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Questions about Barnesville real estate
Is Barnesville a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Barnesville, MN 56514 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 Barnesville?
The typical home went under contract in 22 days in the latest three months.
Do homes in Barnesville sell over asking?
35% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Barnesville?
About 1.13% of a home’s value a year in Clay County, or roughly $4,520 on a $400,000 home.
What is the median home price in Barnesville?
The median sale price was $219,905 in the three months ending August 31, 2026, about $145 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