Is Bemidji, MN 56601 a buyer’s or seller’s market?

The Bemidji housing market right now

In the three months ending August 31, 2026, 24% of homes in Bemidji, MN 56601 sold above their list price, the typical home went under contract in 46 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 169 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold more slowly (44 days then) and the median sale price rose 7% to $320,861. Overall, Bemidji is less competitive than a year ago, which gives buyers more room.

Within Beltrami County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 63%. On our competition score, Bemidji ranks #228 of 296 MN ZIP codes with enough sales (score 54 out of 100).

Nearby, buyers who want less competition could look at Waskish 56685 (0% sold over asking) or Solway 56678 (0% sold over asking), while Hines 56647 (100% sold over asking) and Kelliher 56650 (50% sold over asking) are even more competitive.