Is Marcell, MN 56657 a buyer’s or seller’s market?
Marcell is a seller’s market. With about 0.4 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Marcell housing market right now
In the three months ending August 31, 2026, 0% of homes in Marcell, MN 56657 sold above their list price, the typical home went under contract in 40 days and there were 0.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, 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 25%, homes sold faster (52 days then) and the median sale price rose 51% to $494,786. Overall, Marcell is less competitive than a year ago, which gives buyers more room.
Within Itasca County, homes here sell faster than in 69% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Effie 56639 (100% sold over asking) and Warba 55793 (60% sold over asking) are even more competitive.
Run the numbers for 56657
Nearby markets
Bigfork 56628Balanced $189 /sq ftBovey 55709Seller’s market $168 /sq ftCalumet 55716Seller’s market $130 /sq ftCohasset 55721Seller’s market $221 /sq ft Browse all markets →Where Marcell is
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Questions about Marcell real estate
Is Marcell a buyer’s or seller’s market?
A seller’s market: there were 0.4 months of supply in Marcell, MN 56657 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 Marcell?
The typical home went under contract in 40 days in the latest three months.
Do homes in Marcell sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Marcell?
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 Marcell?
The median sale price was $494,786 in the three months ending August 31, 2026, about $369 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