Is Roseau, MN 56751 a buyer’s or seller’s market?
Roseau is a seller’s market. With about 2.8 months of supply and 17% 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.
More competitive than 36% of U.S. ZIP codes, and #261 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Roseau housing market right now
In the three months ending August 31, 2026, 17% of homes in Roseau, MN 56751 sold above their list price, the typical home went under contract in 46 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 24 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold more slowly (39 days then) and the median sale price rose 25% to $209,809. Overall, Roseau is about as competitive as it was a year ago.
Within Roseau County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Roseau ranks #261 of 296 MN ZIP codes with enough sales (score 38 out of 100).
Nearby, buyers who want less competition could look at Wannaska 56761 (0% sold over asking) or Strathcona 56759 (0% sold over asking).
Run the numbers for 56751
Nearby markets
Badger 56714 — /sq ftGreenbush 56726Seller’s market $98 /sq ftSalol 56756Seller’s market $163 /sq ftStrathcona 56759Seller’s market $200 /sq ft Browse all markets →Towns like Roseau nearby
Find towns like Roseau in other states →Where Roseau is
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Questions about Roseau real estate
Is Roseau a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Roseau, MN 56751 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 Roseau?
The typical home went under contract in 46 days in the latest three months.
Do homes in Roseau sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.
What are property taxes in Roseau?
About 0.97% of a home’s value a year in Roseau County, or roughly $3,880 on a $400,000 home.
What is the median home price in Roseau?
The median sale price was $209,809 in the three months ending August 31, 2026, about $108 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