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Is Rothsay, MN 56579 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Rothsay is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market95Listing to accepted offer
Median price per sq ft$119▼ −13.0% vs. last year

The Rothsay housing market right now

In the three months ending August 31, 2026, 0% of homes in Rothsay, MN 56579 sold above their list price, the typical home went under contract in 95 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 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 50%, homes sold more slowly (31 days then) and the median sale price rose 5% to $255,140. Overall, Rothsay is less competitive than a year ago, which gives buyers more room.

Nearby, Breckenridge 56520 (15% sold over asking) is even more competitive.

Run the numbers for 56579

Prefilled for 56579Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56579Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Breckenridge 56520Balanced $125 /sq ftFoxhome 56543 — /sq ftKent 56553 $60 /sq ftWolverton 56594Buyer’s market $181 /sq ft Browse all markets →

Towns like Rothsay nearby

Find towns like Rothsay in other states →
Ashby, MN56309 · 37 miles away86% similarpricier homes ($54K more) · 6 min shorter commute Sabin, MN56580 · 23 miles away83% similarpricier homes ($47K more) · 7 min shorter commute Glyndon, MN56547 · 29 miles away82% similarpricier homes ($69K more) · larger Barnesville, MN56514 · 12 miles away80% similarpricier homes ($29K more) · larger

Where Rothsay is

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Questions about Rothsay real estate

Is Rothsay a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Rothsay, MN 56579 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 Rothsay?

The typical home went under contract in 95 days in the latest three months.

Do homes in Rothsay sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Rothsay?

About 0.79% of a home’s value a year in Wilkin County, or roughly $3,160 on a $400,000 home.

What is the median home price in Rothsay?

The median sale price was $255,140 in the three months ending August 31, 2026, about $119 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