Is Clitherall, MN 56524 a buyer’s or seller’s market?
Clitherall is a seller’s market. With about 3.2 months of supply and 13% 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 Clitherall housing market right now
In the three months ending August 31, 2026, 13% of homes in Clitherall, MN 56524 sold above their list price, the typical home went under contract in 51 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (48 days then) and the median sale price rose 7% to $409,773. Overall, Clitherall is less competitive than a year ago, which gives buyers more room.
Within Otter Tail County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 56%.
Nearby, buyers who want less competition could look at Vergas 56587 (0% sold over asking) or Erhard 56534 (0% sold over asking), while Deer Creek 56527 (50% sold over asking) and New York Mills 56567 (38% sold over asking) are even more competitive.
Run the numbers for 56524
Nearby markets
Battle Lake 56515Balanced $251 /sq ftBluffton 56518Buyer’s market $170 /sq ftDalton 56324Seller’s market $160 /sq ftDeer Creek 56527Balanced $125 /sq ft Browse all markets →Where Clitherall is
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Questions about Clitherall real estate
Is Clitherall a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Clitherall, MN 56524 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 Clitherall?
The typical home went under contract in 51 days in the latest three months.
Do homes in Clitherall sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.
What are property taxes in Clitherall?
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 Clitherall?
The median sale price was $409,773 in the three months ending August 31, 2026, about $215 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