Is Georgetown, MN 56546 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Georgetown 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 list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Georgetown housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Clay County, MN

Population	210
Median income	$78,750
Average income	$93,974
Median home value	$267,900
Owner-occupied	91% of homes
Median year built	1973

Natural hazard riskWinter storms (very high), hail (relatively high), tornadoes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 56546; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 56546

Prefilled for 56546Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56546Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Barnesville 56514Seller’s market $145 /sq ft Dilworth 56529Seller’s market $166 /sq ft Felton 56536 — /sq ft Glyndon 56547Seller’s market $162 /sq ft Browse all markets →

Where Georgetown is

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Questions about Georgetown real estate

What are property taxes in Georgetown?

About 1.13% of a home’s value a year in Clay County, or roughly $4,520 on a $400,000 home.

Local agents

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More tools for 56546

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Clay County property taxes Clay County loan limits Closing costs in Minnesota Hottest ZIP codes in Minnesota

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology