Hope, MN 56046 housing market
Data through Apr 2026 · Seller's market · leverage 16
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Buyer Leverage Score
16
Feb 2026
Months of Supply
3.1 months
Oct 2023
Days on Market
118 days
Feb 2026
Price Cut %
0.0%
Nov 2025
Sale-to-List Ratio
101.6%
Apr 2026
Expected Disaster Loss
$128
Dec 2025
What this means
- Supply. Listings are 100% below the 2017-19 norm: still a tight market.
- Negotiating. Buyer leverage is low (16/100; U.S.: 54) (as of Feb 2026): homes typically sell at or above asking (101.6% of list); 0% of listings had a price cut (U.S.: 26%) (as of Nov 2025).
- Disaster risk. FEMA expects about $128 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Steele County, MN
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Owatonna, MN 55060 | $298.8K | +2.2% | 49 |
| Blooming Prairie, MN 55917 | $273.6K | +4.3% | 20 |
| Medford, MN 55049 | $312.6K | +3.1% | 5 |
| Ellendale, MN 56026 | $311.9K | +6.4% | 61 |