55Alpha

Norman County, MN Housing Market Brief

county · MN · score computed October 2026

Balanced

What is Norman County, MN’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●4
Inventory Health25%
●54

Population band 1 of 5 (population 475–9,803) · comparable within its band

Affordability20%
●88
Economic Strength20%
●64
Rental Yield15%
●66

Where is Norman County, MN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Norman County, MN is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Norman County, MN?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Norman County, MN housing market data

MetricValueYoYSource
Median Sale Price$140K▲ +3.4%Redfin
Median Days on Market117 days▲ +800%Redfin
Months of Supply7.2▼ -15.3%Redfin
Homes for Sale30▼ -11.8%Redfin
Homes Sold40%Redfin
Median Price / Sq Ft$131▲ +7.4%Redfin

How has Norman County, MN’s Alpha Score moved?

Now: 55
2-period trend
Median sale price · 12 mo

Markets like Norman County, MN

Frequently asked questions

Is Norman County, MN a buyer's or seller's market?

In the scores computed October 2026, Norman County, MN is classified as a Balanced Market, based on its Alpha Score of 55 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Norman County, MN?

The median sale price in Norman County, MN is $140K, having risen 3.4% over the past year, according to Redfin.

How affordable is Norman County, MN?

Norman County, MN scores 88 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Norman County, MN's Alpha Score?

Norman County, MN's strongest dimension is Affordability (88/100) and its weakest is Price Momentum (4/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Norman County, MN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.

Norman County, MN Housing Market Brief — Alpha Score 55 — LocalAlpha