Is Alvarado, MN 56710 a buyer’s or seller’s market?
Alvarado is a seller’s market. With about 1.1 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 Alvarado housing market right now
In the three months ending August 31, 2026, 0% of homes in Alvarado, MN 56710 sold above their list price, the typical home went under contract in 22 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Within Marshall County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Run the numbers for 56710
Nearby markets
Argyle 56713Buyer’s market $88 /sq ftMiddle River 56737 — /sq ftNewfolden 56738 — /sq ftOslo 56744Buyer’s market $171 /sq ft Browse all markets →Where Alvarado is
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Questions about Alvarado real estate
Is Alvarado a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Alvarado, MN 56710 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 Alvarado?
The typical home went under contract in 22 days in the latest three months.
Do homes in Alvarado sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Alvarado?
About 0.80% of a home’s value a year in Marshall County, or roughly $3,200 on a $400,000 home.
What is the median home price in Alvarado?
The median sale price was $157,932 in the three months ending August 31, 2026, about $103 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