Is Ranier, MN 56668 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Ranier 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.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Ranier housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Koochiching County, MN

Population	217
Median income	$116,250
Average income	$121,106
Median home value	$183,900
Owner-occupied	88% of homes
Median year built	1960

Natural hazard riskWinter storms (relatively high), extreme heat (moderate), hail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 56668; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 56668

Prefilled for 56668Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56668Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Big Falls 56627 — /sq ft International Falls 56649Balanced $103 /sq ft Kabetogama 56669Buyer’s market $180 /sq ft Littlefork 56653Buyer’s market $119 /sq ft Browse all markets →

Where Ranier is

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Questions about Ranier real estate

What are property taxes in Ranier?

About 0.74% of a home’s value a year in Koochiching County, or roughly $2,960 on a $400,000 home.

Local agents

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More tools for 56668

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Koochiching County property taxes Koochiching County loan limits Closing costs in Minnesota Hottest ZIP codes in Minnesota

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology