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Is Fertile, MN 56540 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Fertile is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$125▲ +31.8% vs. last year

The Fertile housing market right now

In the three months ending August 31, 2026, 25% of homes in Fertile, MN 56540 sold above their list price and the typical home went under contract in 41 days. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (22 days then) and the median sale price rose 134% to $259,388. Overall, Fertile is more competitive than a year ago, so tougher for buyers.

Within Polk County, homes here sell faster than in 70% of the county’s ZIP codes, and sell more often over asking than in 70%.

Nearby, buyers who want less competition could look at Fisher 56723 (0% sold over asking) or Gully 56646 (0% sold over asking), while Climax 56523 (100% sold over asking) and Mentor 56736 (33% sold over asking) are even more competitive.

Run the numbers for 56540

Prefilled for 56540Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56540Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Climax 56523 $84 /sq ftCrookston 56716Balanced $110 /sq ftEast Grand Forks 56721Seller’s market $235 /sq ftErskine 56535Buyer’s market $336 /sq ft Browse all markets →

Towns like Fertile nearby

Find towns like Fertile in other states →
Red Lake Falls, MN56750 · 24 miles away90% similarcheaper homes ($30K less) Waubun, MN56589 · 30 miles away89% similarnewer homes Hillsboro, ND58045 · 38 miles away84% similar6 min shorter commute Twin Valley, MN56584 · 20 miles away79% similarcheaper homes ($63K less) · older residents

Where Fertile is

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Questions about Fertile real estate

How fast do homes sell in Fertile?

The typical home went under contract in 41 days in the latest three months.

Do homes in Fertile sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.

What are property taxes in Fertile?

About 1.01% of a home’s value a year in Polk County, or roughly $4,040 on a $400,000 home.

What is the median home price in Fertile?

The median sale price was $259,388 in the three months ending August 31, 2026, about $125 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