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Commercial storefronts on Central Avenue, Osakis, MinnesotaPhoto: Myotus · CC BY 4.0
Housing in Osakis

40 homes sold in Osakis in the last year, at a typical $276K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Osakis homes are listed.

Homes sold
40
June 2025 to May 2026
Typical sale price
$276K
median, weighted by sales
Price per square foot
$192
Minnesota $190
Paid vs. asking
98.4%
33% sold over asking
For sale now
9
May 2026 · 2 sold that month
What sold · last 12 months

Houses are 98% of Osakis’ sales, at a typical $278K

40 homes sold in the year to May 2026.

Houses$278K

typical sale · 39 sold in 12 months

Per square foot
$196MN $191
Days to sell
57
Sold over asking
33%
Listings with a price cut
31%
Fewer sales

Townhouses: 1 sold, typical $229K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.9 times the 2016 price

40 sales in the last year, against 45 in 2012 and a low of 23 in 2023. The typical sale went from $95K in 2016 to $276K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2012: 45 sold, typical $112K’122013: 44 sold, typical $138K2014: 44 sold, typical $102K’142015: 38 sold, typical $113K2016: 34 sold, typical $95K’162017: 38 sold, typical $139K2018: 40 sold, typical $145K’182019: 35 sold, typical $145K2020: 39 sold, typical $169K’202021: 33 sold, typical $165K2022: 39 sold, typical $217K’222023: 23 sold, typical $242K2024: 32 sold, typical $252K’242025: 42 sold, typical $248KLast 12 months: 40 sold, typical $276KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Osakis

Houseat $196 a sq ft
The same money in Minnesotaat $191 a sq ft

Is this asking price fair?

Check a listing against what Osakis homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Osakis are more common than before the pandemic, but a third fewer homes come up for sale

We read every month of Osakis’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 40 sales.

If you’re buying in Osakis

  • Shop in April. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
  • You can negotiate. 29% of listings have cut their price, against 12% before the pandemic.
  • Bid near asking. Buyers paid 98.4% of the list price on average; 33% paid over.
  • Move fast on good ones. 45% of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

April has the most new listings (about 6 a month), but May is the most competitive: 37% of May sales close over asking. April has the least competition (14%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 1 new listings a month, 36% sold over asking, 566 days to sellJFeb: 2 new listings a month, 15% sold over asking, 415 days to sellFMar: 5 new listings a month, 17% sold over asking, 343 days to sellMApr: 6 new listings a month, 14% sold over asking, 55 days to sellAMay: 6 new listings a month, 37% sold over asking, 40 days to sellMJun: 6 new listings a month, 19% sold over asking, 55 days to sellJJul: 5 new listings a month, 23% sold over asking, 50 days to sellJAug: 5 new listings a month, 24% sold over asking, 42 days to sellASep: 3 new listings a month, 18% sold over asking, 291 days to sellSOct: 2 new listings a month, 21% sold over asking, 68 days to sellONov: 2 new listings a month, 23% sold over asking, 55 days to sellNDec: 1 new listings a month, 27% sold over asking, 36 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Minnesota as a whole

Osakis now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price33%19%30%33%
Gone within two weeksShare of homes under contract within 14 days45%23%48%42%
Listings with a price cutShare of homes for sale that cut their price29%12%28%28%
Price paid vs. askingAverage sale price ÷ list price98.4%95.6%99.4%99.2%
Days to sellMedian days from listing to contract55702435
Supply

9 homes for sale on a typical day

That’s 2.4 times the 2022 low (4), 34% fewer than in 2017–19 and well under 2012’s 33.

2012: 33 for sale’122013: 29 for sale2014: 22 for sale2015: 23 for sale’152016: 21 for sale2017: 15 for sale2018: 17 for sale’182019: 10 for sale2020: 5 for sale2021: 5 for sale’212022: 4 for sale2023: 6 for sale2024: 6 for sale’242025: 10 for saleLast 12 months: 9 for saleNow
Room to negotiate

1 in 3 listings has cut its price

29% in the last year, against 12% in 2017–19 and 28% across Minnesota. More sellers are pricing high and coming down.

2015: 11%’152016: 8%2017: 11%2018: 13%’182019: 11%2020: 42%2021: 28%’212022: 43%2023: 25%2024: 40%’242025: 27%Last 12 months: 29%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Osakis home costs about $1,671 a month

Mortgage
Property tax
Insurance
Rent

Price: Osakis’ typical sale, last 12 months. Property tax at Osakis’ 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Osakis is affordable on local pay is on Cost of living.

Before you buy in Osakis

Six things worth knowing

6

New listings in April

The month with the most choice. December has the fewest, about 1.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $276K home, about $2,770 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Osakis, from test results, graduation and how much students grow.

Schools in Osakis
25 min

Typical commute

The average one-way trip to work for people who live in Osakis.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Alexandria, Sauk Centre and Melrose sell for less a square foot

The busier markets within 25 miles of Osakis, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Alexandria220$309K$16618%38
Sauk Centre56$262K$14118%58
Osakis40$276K$19233%55
Melrose29$233K$12824%27

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Osakis, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Osakis. People who follow the town see it, and so do people comparing Osakis with their own town. No commission, no listing fee.

Questions about buying a home in Osakis

What do homes sell for in Osakis, MN?

40 homes sold in the year to May 2026 at a typical $276K, $192 a square foot.

Is Osakis a buyer’s or seller’s market?

A balanced market: 9 homes were for sale in May 2026 and 2 sold, about 4.5 months of supply. Buyers paid 98.4% of asking on average, and 29% of listings cut their price.

When is the best time to buy in Osakis?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Osakis?

About 1% of a home’s value a year. On a $276K home that’s near $2,770.

Where can I see homes for sale in Osakis?

Zillow, Redfin, Realtor.com and Homes.com all carry Osakis’ MLS listings; the search links above open each one filtered to Osakis.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).