Norcross, MN 56274 housing market
Data through Sep 2026 · Balanced market · leverage 13
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Buyer Leverage Score
13
Apr 2024
Months of Supply
3.0 months
Jun 2022
Days on Market
89 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
96.0%
Sep 2024
Expected Disaster Loss
$123
Dec 2025
What this means
- Supply. There are 0% more homes for sale than the 2017-19 norm and falling (−100% vs. a year ago), so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is low (13/100; U.S.: 54) (as of Apr 2024): homes sell for about 4.0% below their final list price (as of Sep 2024); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $123 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 Grant County, MN
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Elbow Lake, MN 56531 | $206.8K | +3.9% | 38 |
| Ashby, MN 56309 | $323.2K | +8.0% | 82 |
| Barrett, MN 56339 | $247K | +8.4% | 36 |
| Herman, MN 56248 | $210.8K | +13.3% | 88 |
| Barrett, MN 56311 | $272.3K | +7.4% | 2 |
| Wendell, MN 56590 | $237.2K | +9.8% | 91 |