Reading, MN 56165 housing market
Data through Sep 2026 · Seller's market · leverage 21
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Buyer Leverage Score
21
Sep 2026
Months of Supply
3.1 months
Jul 2026
Days on Market
154 days
Sep 2026
Price Cut %
0.0%
Aug 2026
Sale-to-List Ratio
100.4%
Aug 2026
Expected Disaster Loss
$111
Dec 2025
What this means
- Supply. Listings are 100% below the 2017-19 norm and falling (−100% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (21/100; U.S.: 54): homes typically sell at or above asking (100.4% of list); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $111 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 Nobles County, MN
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Worthington, MN 56187 | $249.3K | +6.1% | 96 |
| Adrian, MN 56110 | $251.1K | +8.0% | 24 |
| Brewster, MN 56119 | $264.7K | +4.8% | 75 |
| Rushmore, MN 56168 | – | – | 71 |
| Ellsworth, MN 56129 | – | – | 7 |
| Wilmont, MN 56185 | – | – | 66 |
| Lismore, MN 56155 | – | – | 5 |
| Bigelow, MN 56117 | – | – | 33 |
| Leota, MN 56153 | – | – | 37 |