Is Plummer, MN 56748 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Plummer 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 Plummer housing market right now

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

About the area

Red Lake County, MN

Population	673
Median income	$87,500
Average income	$92,692
Median home value	$202,200
Median rent	$686/month
Owner-occupied	80% of homes
Median year built	1974

Natural hazard riskWinter storms (relatively high), hail (relatively high), wildfire (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 56748; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 56748

Prefilled for 56748Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56748Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Brooks 56715 — /sq ft Oklee 56742 — /sq ft Red Lake Falls 56750Seller’s market $105 /sq ft Browse all markets →

Where Plummer is

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Questions about Plummer real estate

What are property taxes in Plummer?

About 1.00% of a home’s value a year in Red Lake County, or roughly $4,000 on a $400,000 home.

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More tools for 56748

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 Red Lake County property taxes Red Lake 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