Is Gonvick, MN 56644 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Gonvick is a buyer’s market. With about 22.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply22.4Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list103.9%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$115

The Gonvick housing market right now

In the three months ending August 31, 2026, 100% of homes in Gonvick, MN 56644 sold above their list price, the typical home went under contract in 50 days and there were 22.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Nearby, buyers who want less competition could look at Shevlin 56676 (25% sold over asking) or Clearbrook 56634 (33% sold over asking).

Nearby markets

Bagley 56621Buyer’s market $140 /sq ftClearbrook 56634Seller’s market $140 /sq ftLeonard 56652 — /sq ftShevlin 56676Balanced $151 /sq ft Browse all markets →

Where Gonvick is

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Questions about Gonvick real estate

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

A buyer’s market: there were 22.4 months of supply in Gonvick, MN 56644 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 Gonvick?

The typical home went under contract in 50 days in the latest three months.

Do homes in Gonvick sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 103.9% of the list price.

What are property taxes in Gonvick?

About 0.67% of a home’s value a year in Clearwater County, or roughly $2,680 on a $400,000 home.

What is the median home price in Gonvick?

The median sale price was $134,942 in the three months ending August 31, 2026, about $115 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