Is Bluffton, MN 56518 a buyer’s or seller’s market?
Bluffton is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Bluffton housing market right now
In the three months ending August 31, 2026, 0% of homes in Bluffton, MN 56518 sold above their list price, the typical home went under contract in 68 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (26 days then) and the median sale price rose 28% to $459,801. Overall, Bluffton is less competitive than a year ago, which gives buyers more room.
Within Otter Tail County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Deer Creek 56527 (50% sold over asking) and New York Mills 56567 (38% sold over asking) are even more competitive.
Run the numbers for 56518
Nearby markets
Battle Lake 56515Balanced $251 /sq ftClitherall 56524Seller’s market $215 /sq ftDalton 56324Seller’s market $160 /sq ftDeer Creek 56527Balanced $125 /sq ft Browse all markets →Where Bluffton is
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Questions about Bluffton real estate
Is Bluffton a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Bluffton, MN 56518 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 Bluffton?
The typical home went under contract in 68 days in the latest three months.
Do homes in Bluffton sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.
What are property taxes in Bluffton?
About 0.77% of a home’s value a year in Otter Tail County, or roughly $3,080 on a $400,000 home.
What is the median home price in Bluffton?
The median sale price was $459,801 in the three months ending August 31, 2026, about $170 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