Lucan, MN 56255 housing market
Data through Sep 2026 · Balanced market · leverage 9
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Buyer Leverage Score
9
Sep 2026
Months of Supply
6.1 months
Jul 2026
Days on Market
5 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
96.5%
Aug 2026
Expected Disaster Loss
$152
Dec 2025
What this means
- Supply. Listings are 50% below the 2017-19 norm and falling (−67% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (9/100; U.S.: 54): homes sell for about 3.5% below their final list price; 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $152 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 Redwood County, MN
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Redwood Falls, MN 56283 | $199.2K | +6.2% | 44 |
| Franklin, MN 56266 | $187.6K | +6.3% | 46 |
| Wabasso, MN 56152 | $167K | +7.1% | 5 |
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| Wabasso, MN 56293 | – | – | 25 |
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| Milroy, MN 56263 | – | – | 6 |
| Clements, MN 56224 | – | – | 31 |
| Revere, MN 56166 | – | – | 91 |
| Wanda, MN 56294 | – | – | 14 |
| Seaforth, MN 56287 | – | – | 15 |