Market Intelligence Report — MN-260

Fergus Falls, MN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MN-08
As of the latest 2026 data
Very Weak

Median Listing

$400K
-3.6% YoY

Pending Ratio

0.22
-18.6% YoY

Active Inventory

345
+7.8% YoY

Median DOM

78 Days
+6.9% YoY

Primary Intelligence Tool — Sold Score™

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The Fergus Falls market currently exhibits very weak conditions, primarily driven by a pending ratio of 0.22, indicating severe lagging of demand absorption relative to available supply. This metric has also seen a substantial decline of 18.6% year-over-year, further emphasizing the lack of transactional pace.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Fergus Falls market right now.

Active listings have seen an increase of 7.8% over the past year, contributing to higher inventory levels, while new listings declined by 12.0% year-over-year. The median listing price has experienced a decrease of 3.6% compared to the prior year, alongside a month-over-month contraction of 1.2%. Concurrently, properties are remaining on the market longer, with median days on market rising by 6.9% year-over-year, reaching 78 days in the most recent month.

Ryan Hanson
Ryan Hanson
Keller Williams Realty

Local pricing and inventory dynamics across Fergus Falls shift block by block — happy to walk through what's actually closing.

Historical Analysis

Market Trends

Median Price

$400K-1.2% MoM

Active Inventory

345+7.8% YoY

Days on Market

78+6.9% YoY

Sold Score™

27-18.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

27
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Current market dynamics suggest limited urgency in demand, which allows for increased price discipline from prospective buyers. The elevated inventory and extended marketing periods for listings place upward pressure on pricing concessions. Negotiating leverage in this environment is heavily influenced by the slower pace of transactions and ample supply.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

345 active listings represent the current floor, with new supply arriving at roughly 88 per month.

Pricing Pressure
20.5%

of active listings carry a price reduction, -1.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.4% year-over-year.

Absorption
0.22

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Fergus Falls, MN? Homes here are taking 5 days longer to sell than last year.

Buyers have leverage in Fergus Falls, MN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
22%
Median Days on Market
78 days
Inventory YoY
+8%

In a buyer's market, strategy beats timing. See how your home scores in Fergus Falls, MN and what moves the number.

See my Sold Score & selling strategy

Talk to a listing expert who is actively selling in Fergus Falls, MN.

Ryan Hanson

Keller Williams Realty

How these recommendations are chosen →

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Metro Demographics

Metro Area
Fergus Falls, MN
CBSA Code
22260
State
MN

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