Is Littlefork, MN 56653 a buyer’s or seller’s market?
Littlefork is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Littlefork housing market right now
In the three months ending August 31, 2026, 0% of homes in Littlefork, MN 56653 sold above their list price, the typical home went under contract in 305 days and there were 16 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.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (52 days then) and the median sale price rose 53% to $164,929. Overall, Littlefork is less competitive than a year ago, which gives buyers more room.
Within Koochiching County, homes here sell less often over asking than in any other ZIP code in the county.
Nearby, International Falls 56649 (16% sold over asking) is even more competitive.
Run the numbers for 56653
Nearby markets
Big Falls 56627 — /sq ftInternational Falls 56649Balanced $103 /sq ftKabetogama 56669Buyer’s market $180 /sq ftLoman 56654Seller’s market $212 /sq ft Browse all markets →Towns like Littlefork nearby
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Questions about Littlefork real estate
Is Littlefork a buyer’s or seller’s market?
A buyer’s market: there were 16 months of supply in Littlefork, MN 56653 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 Littlefork?
The typical home went under contract in 305 days in the latest three months.
Do homes in Littlefork sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 87.3% of the list price.
What are property taxes in Littlefork?
About 0.74% of a home’s value a year in Koochiching County, or roughly $2,960 on a $400,000 home.
What is the median home price in Littlefork?
The median sale price was $164,929 in the three months ending August 31, 2026, about $119 per square foot.
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More tools for 56653
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology