52Alpha

Pennington County, MN Housing Market Brief

county · MN · score computed October 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%
●10
Inventory Health25%
●96

Population band 2 of 5 (population 9,816–20,389) · comparable within its band

Affordability20%
●69
Economic Strength20%
●27
Rental Yield15%
●42

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.

What’s the forecast for Pennington 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.

Pennington County, MN housing market data

MetricValueYoYSource
Median Sale Price$163K▼ -3.2%Redfin
Median Days on Market47 days▼ -48.3%Redfin
Months of Supply3.7▲ +12.1%Redfin
Homes for Sale53▲ +8.2%Redfin
Homes Sold14▼ -6.7%Redfin
Median Price / Sq Ft$90▼ -16.7%Redfin

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

Now: 52
2-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?

In the scores computed October 2026, Pennington County, MN is classified as a Balanced Market, based on its Alpha Score of 52 out of 100. The classification reflects current price, building, 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 $163K, having fallen 3.2% over the past year, according to Redfin.

How affordable is Pennington County, MN?

Pennington County, MN scores 69 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 Inventory Health (96/100) and its weakest is Price Momentum (10/100). 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.