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Is Shevlin, MN 56676 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Shevlin is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$151▼ −34.7% vs. last year

The Shevlin housing market right now

In the three months ending August 31, 2026, 25% of homes in Shevlin, MN 56676 sold above their list price, the typical home went under contract in 49 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 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 13%, homes sold more slowly (38 days then) and the median sale price rose 74% to $424,316. Overall, Shevlin is more competitive than a year ago, so tougher for buyers.

Nearby, Gonvick 56644 (100% sold over asking) and Bagley 56621 (33% sold over asking) are even more competitive.

Run the numbers for 56676

Prefilled for 56676Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56676Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bagley 56621Buyer’s market $140 /sq ftClearbrook 56634Seller’s market $140 /sq ftGonvick 56644Buyer’s market $115 /sq ftLeonard 56652 — /sq ft Browse all markets →

Towns like Shevlin nearby

Find towns like Shevlin in other states →
Waubun, MN56589 · 37 miles away90% similar5 min shorter commute Clearbrook, MN56634 · 16 miles away89% similarmore renters Laporte, MN56461 · 28 miles away89% similarpricier homes ($64K more) · larger Solway, MN56678 · 7 miles away87% similarVery close on income, prices and more

Where Shevlin is

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Questions about Shevlin real estate

Is Shevlin a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Shevlin, MN 56676 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 Shevlin?

The typical home went under contract in 49 days in the latest three months.

Do homes in Shevlin sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.

What are property taxes in Shevlin?

About 0.67% of a home’s value a year in Clearwater County, or roughly $2,680 on a $400,000 home.

What is the median home price in Shevlin?

The median sale price was $424,316 in the three months ending August 31, 2026, about $151 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