Pennington County, MN Housing Market Brief
county · MN · as of May 2026
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.
Where is Pennington County, MN in its market cycle?
Pennington County, MN is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
Pennington County, MN housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $188K | ▲ +14.7% |
| Median Days on Market | 41 days | ▼ -30.5% |
| Months of Supply | 3.6 | ▲ +24.1% |
| Homes for Sale | 40 | ▼ -24.5% |
| Homes Sold | 11 | ▼ -38.9% |
| Median Price / Sq Ft | $114 | ▼ -8.2% |
| Sale-to-List Ratio | 97.0% | ▲ +2.4% |
How has Pennington County, MN’s Alpha Score moved?
Markets like Pennington County, MN
Frequently asked questions
Is Pennington County, MN a buyer's or seller's market?
As of May 2026, Pennington County, MN is classified as a Balanced Market, based on its Alpha Score of 45 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 61 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 (64/100) and its weakest is Economic Strength (22/100). 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.