Is Warroad, MN 56763 a buyer’s or seller’s market?

The Warroad housing market right now

In the three months ending August 31, 2026, 11% of homes in Warroad, MN 56763 sold above their list price, the typical home went under contract in 17 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (11% then), homes sold faster (238 days then) and the median sale price fell 20% to $226,902. Overall, Warroad is more competitive than a year ago, so tougher for buyers.

Within Roseau County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 80%.

Nearby, buyers who want less competition could look at Wannaska 56761 (0% sold over asking) or Strathcona 56759 (0% sold over asking), while Roseau 56751 (17% sold over asking) is even more competitive.