Is Hines, MN 56647 a buyer’s or seller’s market?
Hines is a buyer’s market. With about 11.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Hines housing market right now
In the three months ending August 31, 2026, 100% of homes in Hines, MN 56647 sold above their list price, the typical home went under contract in 31 days and there were 11.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (143 days then) and the median sale price fell 41% to $202,912. Overall, Hines is more competitive than a year ago, so tougher for buyers.
Within Beltrami County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Waskish 56685 (0% sold over asking) or Solway 56678 (0% sold over asking).
Run the numbers for 56647
Nearby markets
Bemidji 56601Seller’s market $170 /sq ftBlackduck 56630Seller’s market $110 /sq ftGrygla 56727 — /sq ftKelliher 56650Buyer’s market $235 /sq ft Browse all markets →Where Hines is
Loading map…
Questions about Hines real estate
Is Hines a buyer’s or seller’s market?
A buyer’s market: there were 11.7 months of supply in Hines, MN 56647 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 Hines?
The typical home went under contract in 31 days in the latest three months.
Do homes in Hines sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 102.0% of the list price.
What are property taxes in Hines?
About 0.97% of a home’s value a year in Beltrami County, or roughly $3,880 on a $400,000 home.
What is the median home price in Hines?
The median sale price was $202,912 in the three months ending August 31, 2026, about $182 per square foot.
Local agents
See all agents in 56647 →No sponsored agents in 56647 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 56647
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology