44Alpha

Bemidji, MN metro area Housing Market Brief

metro · MN · as of August 2026

Balanced

What is Bemidji, MN metro area’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%
-35.338
Inventory Health25%
-15.557
Affordability20%
-4.344
Economic Strength20%
13
Rental Yield15%
+18.669

Where is Bemidji, MN metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Bemidji, MN metro area is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Bemidji, MN metro area?

Our model forecasts Bemidji, MN metro area’s home prices to rise about 1.2% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Bemidji, MN metro area housing market data

MetricValueYoY
Median Sale Price$314K-8.8%
Median Days on Market56 days-21.1%
Months of Supply3.3-19.5%
Homes for Sale186-15.4%
Homes Sold58▲ +5.5%
Median Price / Sq Ft$191▲ +8.6%

How has Bemidji, MN metro area’s Alpha Score moved?

Now: 44
12-period trend
Median sale price · 12 mo

Markets like Bemidji, MN metro area

Frequently asked questions

Is Bemidji, MN metro area a buyer's or seller's market?

As of August 2026, Bemidji, MN metro area is classified as a Balanced Market, based on its Alpha Score of 44 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Bemidji, MN metro area?

The median sale price in Bemidji, MN metro area is $314K, having fallen 8.8% over the past year.

How affordable is Bemidji, MN metro area?

Bemidji, MN metro area scores 44 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Bemidji, MN metro area's Alpha Score?

Bemidji, MN metro area's strongest dimension is Rental Yield (69/100) and its weakest is Economic Strength (13/100). The Alpha Score is a weighted blend of all five dimensions.

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