58Alpha

Pennington County, MN Housing Market Brief

county · MN · as of July 2026

Balanced

What is Pennington 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%
43
Inventory Health25%
78
Affordability20%
89
Economic Strength20%
29
Rental Yield15%
46

Where is Pennington County, MN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Pennington 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.

Pennington County, MN housing market data

MetricValueYoY
Median Sale Price$188K▲ +14.7%
Median Days on Market41 days-30.5%
Months of Supply3.6▲ +24.1%
Homes for Sale40-24.5%
Homes Sold11-38.9%
Median Price / Sq Ft$114-8.2%

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

Now: 58
12-period trend
Median sale price · 12 mo

Markets like Pennington County, MN

Frequently asked questions

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

As of July 2026, Pennington County, MN is classified as a Balanced Market, based on its Alpha Score of 58 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in Pennington County, MN is $188K, having risen 14.7% over the past year.

How affordable is Pennington County, MN?

Pennington County, MN scores 89 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

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

Pennington County, MN's strongest dimension is Affordability (89/100) and its weakest is Economic Strength (29/100). The Alpha Score is a weighted blend of all five dimensions.

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