Is Ogema, MN 56569 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Ogema 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 Ogema housing market right now

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

About the area

Becker County, MN

Population	1,324
Median income	$57,434
Average income	$83,796
Median home value	$209,500
Median rent	$713/month
Owner-occupied	79% of homes
Median year built	1986

Natural hazard riskWinter storms (very high), hail (relatively high), wildfire (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 56569; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 56569

Prefilled for 56569Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56569Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Audubon 56511Seller’s market $261 /sq ft Callaway 56521Seller’s market $258 /sq ft Detroit Lakes 56501Balanced $217 /sq ft Frazee 56544Balanced $189 /sq ft Browse all markets →

Towns like Ogema nearby

Find towns like Ogema in other states →

Bagley, MN56621 · 35 miles away83% similarlarger Erskine, MN56535 · 39 miles away82% similarolder residents Waubun, MN56589 · 6 miles away81% similarVery close on income, prices and more Frazee, MN56544 · 30 miles away77% similarpricier homes ($36K more) · larger

Where Ogema is

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Questions about Ogema real estate

What are property taxes in Ogema?

About 0.69% of a home’s value a year in Becker County, or roughly $2,760 on a $400,000 home.

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More tools for 56569

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 Becker County property taxes Becker 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