Lancaster, MN 56735 housing market
Data through Aug 2026 · Seller's market · leverage 21
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Buyer Leverage Score
21
Jun 2026
Months of Supply
3.1 months
May 2025
Days on Market
44 days
Jun 2026
Price Cut %
0.0%
May 2026
Sale-to-List Ratio
92.3%
Aug 2026
Expected Disaster Loss
$203
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) (as of Jun 2026): homes sell for about 7.7% below their final list price; 0% of listings had a price cut (U.S.: 26%) (as of May 2026).
- Disaster risk. FEMA expects about $203 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 Kittson County, MN
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Hallock, MN 56728 | $149.2K | +8.3% | 25 |
| Karlstad, MN 56732 | $152.7K | +4.5% | 100 |
| Lake Bronson, MN 56734 | – | – | 76 |
| Kennedy, MN 56733 | – | – | 13 |
| Humboldt, MN 56731 | – | – | 71 |
| Halma, MN 56729 | – | – | 25 |
| Saint Vincent, MN 56755 | – | – | 70 |
| Donaldson, MN 56720 | – | – | – |