Is Bigfork, MN 56628 a buyer’s or seller’s market?
Bigfork is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Bigfork housing market right now
In the three months ending August 31, 2026, 21% of homes in Bigfork, MN 56628 sold above their list price, the typical home went under contract in 45 days and there were 4.6 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. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (18 days then) and the median sale price rose 41% to $294,747. Overall, Bigfork is more competitive than a year ago, so tougher for buyers.
Within Itasca County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 53%.
Nearby, buyers who want less competition could look at Wirt 56688 (0% sold over asking) or Marcell 56657 (0% sold over asking), while Effie 56639 (100% sold over asking) and Warba 55793 (60% sold over asking) are even more competitive.
Run the numbers for 56628
Nearby markets
Bovey 55709Seller’s market $168 /sq ftCalumet 55716Seller’s market $130 /sq ftCohasset 55721Seller’s market $221 /sq ftColeraine 55722Seller’s market $122 /sq ft Browse all markets →Towns like Bigfork nearby
Find towns like Bigfork in other states →Where Bigfork is
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Questions about Bigfork real estate
Is Bigfork a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Bigfork, MN 56628 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 Bigfork?
The typical home went under contract in 45 days in the latest three months.
Do homes in Bigfork sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Bigfork?
About 0.86% of a home’s value a year in Itasca County, or roughly $3,440 on a $400,000 home.
What is the median home price in Bigfork?
The median sale price was $294,747 in the three months ending August 31, 2026, about $189 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