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Is Solway, MN 56678 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Solway is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.8%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$243

The Solway housing market right now

In the three months ending August 31, 2026, 0% of homes in Solway, MN 56678 sold above their list price, the typical home went under contract in 28 days and there were 12.8 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.

Within Beltrami County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Hines 56647 (100% sold over asking) and Kelliher 56650 (50% sold over asking) are even more competitive.

Run the numbers for 56678

Prefilled for 56678Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56678Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bemidji 56601Seller’s market $170 /sq ftBlackduck 56630Seller’s market $110 /sq ftGrygla 56727 — /sq ftHines 56647Buyer’s market $182 /sq ft Browse all markets →

Towns like Solway nearby

Find towns like Solway in other states →
Shevlin, MN56676 · 7 miles away87% similarVery close on income, prices and more Laporte, MN56461 · 27 miles away81% similarpricier homes ($71K more) · larger Clearbrook, MN56634 · 17 miles away78% similarmore renters Bagley, MN56621 · 14 miles away69% similarlarger · 6 min shorter commute

Where Solway is

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Questions about Solway real estate

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

A buyer’s market: there were 12.8 months of supply in Solway, MN 56678 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 Solway?

The typical home went under contract in 28 days in the latest three months.

Do homes in Solway sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.

What are property taxes in Solway?

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 Solway?

The median sale price was $523,773 in the three months ending August 31, 2026, about $243 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