Market report, updated

Martin County Home Values and Market Report

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LakeMinnetonkaRealEstate.com
Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 516198.1% of list price in 134 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $144K Sold · $198K
$320K$260K$200K$140K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 30 sales in Sep. Last month: 24.

Where the market stands

All homes in this report, by status.

361homes
Active94 · 26%
Under contract28 · 8%
Sold (12 mo)239 · 66%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$248K
Under contract$186K
Sold$207K

Average days on market

Active201 days
Under contract89 days
Sold134 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 94
Average list price $247,835
Avg. days on market 201 days
Avg. price per ft² $124 Based on 68 of 94 homes
Avg. living area 1,912 ft² Based on 69 of 94 homes
Avg. beds / baths 2.9 / 2.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

25 homes didn’t report living area and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 69 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

25 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

1323 230th Avenue$618
2224 Red Bird Lane$264
2218 Red Bird Lane$264
2214 Red Bird Lane$264
911 Lake Aires Road$260
1336 Lucia Avenue$246
1326 90th Avenue$238

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
222 Victoria StreetFairmont, MN 56031 321,493$130,000$873 days
101 Albion Avenue Unit 307Fairmont, MN 56031 221,182$174,900$1473 days
2141 250th StreetTruman, MN 56088 512,743$250,000$914 days
1326 90th AvenueSherburn, MN 56171 345,024$1,200,000$23810 days
1918 Albion AvenueFairmont, MN 56031 521,907$129,900$6811 days
525 100th StreetSherburn, MN 56171 321,132$1—17 days
210 Dugan Street SWelcome, MN 56181 21885$104,000$11717 days
XXX 130th aveWelcome, MN 56181 ———$229,999—20 days
1303 Tilden StreetFairmont, MN 56031 222,520$179,000$7123 days
1415 N Elm StreetFairmont, MN 56031 21694$59,498$8525 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.