Is Gully, MN 56646 a buyer’s or seller’s market?
Gully 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.
The Gully housing market right now
In the three months ending August 31, 2026, 0% of homes in Gully, MN 56646 sold above their list price and the typical home went under contract in 60 days. With only 1 sale, these figures can swing a lot from month to month.
The median sale price was $299,870, or about $194 per square foot.
Within Polk County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Climax 56523 (100% sold over asking) and Mentor 56736 (33% sold over asking) are even more competitive.
Run the numbers for 56646
Nearby markets
Climax 56523 $84 /sq ftCrookston 56716Balanced $110 /sq ftEast Grand Forks 56721Seller’s market $235 /sq ftErskine 56535Buyer’s market $336 /sq ft Browse all markets →Where Gully is
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Questions about Gully real estate
How fast do homes sell in Gully?
The typical home went under contract in 60 days in the latest three months.
Do homes in Gully sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.0% of the list price.
What are property taxes in Gully?
About 1.01% of a home’s value a year in Polk County, or roughly $4,040 on a $400,000 home.
What is the median home price in Gully?
The median sale price was $299,870 in the three months ending August 31, 2026, about $194 per square foot.
Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology