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HOFFMAN, MN 56339

Real Estate Market Report  ·  Grant County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The HOFFMAN, MN real estate market (56339) currently shows 5 active listings, with 1 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 80 days on market compared to 116 days last year.

The median listing price has fallen 0.5% year-over-year, from $339,000 to $337,400.

Whether you are buying or selling in HOFFMAN, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,009  ·  Density: 6.4/mi²  ·  Median household income: $62,083

Typical home value: $157,387  ·  Homeownership: 78.9%

Market Overview

Active Listings
5
⇩ 28.6% vs 7 last year
Pending
1
20% pending ratio
Median Price
$337,400
⇩ 0.5% vs $339,000 last year
Average Price
$401,698
⇧ 19.6% vs $335,960 last year
Days on Market
80
⇩ 31% vs 116 days last year

Price Per Square Foot

Median $/sqft
$198
⇧ 3.7% vs $191/sqft last year
Median Home Size
1,571 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 7 last year
  • Days on market: 80 now vs 116 last year

Median & Average Pricing

Year over Year
  • Median: $337,400 (-0.5% YoY)
  • Average: $401,698 (+19.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.8 miles — 132 listings ($62,158,909 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56339Hoffman, MN 563390.0 mi6$2,386,188$337,400$397,698
56343Kensington, MN 563436.4 mi1$350,000$350,000$350,000
56235Donnelly, MN 5623512.3 mi2$288,000$144,000$144,000
56323Cyrus, MN 5632314.1 mi2$404,000$202,000$202,000
56315Brandon, MN 5631515.3 mi4$1,970,668$501,150$492,667
56349Lowry, MN 5634916.0 mi1$395,000$395,000$395,000
56309Ashby, MN 5630917.6 mi4$1,296,952$319,000$324,238
56308Alexandria, MN 5630821.0 mi83$45,510,477$472,400$548,319
56324Dalton, MN 5632423.7 mi2$269,800$134,900$134,900
56207Alberta, MN 5620725.4 mi1$78,500$78,500$78,500
56334Glenwood, MN 5633428.4 mi22$8,036,974$296,250$365,317
56583Tintah, MN 5658330.7 mi1$640,000$640,000$640,000
56385Villard, MN 5638530.8 mi3$532,350$177,450$177,450

Frequently Asked Questions

How many homes are for sale in HOFFMAN, MN 56339?

As of March 2026, there are 5 active listings in HOFFMAN, MN (zip code 56339), compared to 7 the prior year.

What is the median home price in HOFFMAN, MN 56339?

The median listing price in HOFFMAN, MN 56339 is $337,400 as of March 2026, a 0.5% decrease from $339,000 the prior year.

How long do homes stay on the market in HOFFMAN, MN?

Homes in HOFFMAN, MN 56339 spend an average of 80 days on the market before going under contract, compared to 116 days the prior year.

Is it a seller's or buyer's market in HOFFMAN, MN 56339?

Based on current inventory and days-on-market data as of March 2026, HOFFMAN, MN 56339 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 80 days on market compared to 116 days last year.

How much can I save on real estate commission in HOFFMAN, MN?

With SELL123.com's maximum 3% commission, sellers in HOFFMAN, MN 56339 save an estimated $6,748 compared to a typical 5% commission on the median listing price of $337,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.