Oslo, MN 56744 housing market

What this means

• Valuation. Prices are 15% below this area's pre-2020 price-to-income norm, cheaper relative to incomes than before the pandemic.
• Prices. Home values are up 6.7% over the past year (U.S.: +1.2%), but still 6% below their 2022-23 peak.
• Supply. There are 25% more homes for sale than the 2017-19 norm and rising (+150% vs. a year ago), so buyers have more to choose from than before the pandemic.
• Negotiating. Buyer leverage is high (91/100; U.S.: 54): homes sell for about 35.5% below their final list price (as of May 2026); 0% of listings had a price cut (U.S.: 26%).
• Affordability. A mortgage on the typical home takes 17% of the median household income (U.S.: 35%); it takes about $47k a year to keep the payment at 30% of gross pay. That includes about $1,696 a year for home insurance (U.S.: $1,790).
• Disaster risk. FEMA expects about $167 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
• Outlook. No clear direction: likely −9% to +8% over the next 12 months (55% chance of a rise).

Next 12 months

No clear direction

A rise is somewhat more likely than a fall, but not by enough to call. Likely change: −8.6% to +7.7% (80% range; middle estimate +0.6%), chance of a rise 55%, of a 5%+ drop 19%.

HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.

Other ZIP codes in Marshall County, MN