District No. 182 School · Photo: Farragutful · CC BY-SA 4.030 homes sold in Sverdrup Township in the last year, at a typical $372K
Redfin reports Sverdrup Township’s sales by ZIP code, so these figures are for ZIP 56586, which takes in Sverdrup Township and the area around it. 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 Sverdrup Township homes are listed.
Every place Sverdrup Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Sverdrup Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 97% of Sverdrup Township’s sales, at a typical $373K
30 homes sold in the year to April 2026.
typical sale · 29 sold in 12 months
- Per square foot
- $173MN $190
- Days to sell
- 77
- Sold over asking
- 14%
About as many homes sell as usual, at twice the 2016 price
30 sales in the last year, against 43 in 2017 and a low of 21 in 2020. The typical sale went from $190K in 2016 to $372K.
Source: Redfin Data Center, MLS sales; for ZIP 56586, which takes in Sverdrup Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Sverdrup Township
Check a listing against what Sverdrup Township 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.
Bidding wars in Sverdrup Township are back to pre-pandemic levels, but half fewer homes come up for sale
We read every month of home sales in ZIP 56586 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 April 2026, 30 sales.
If you’re buying in Sverdrup Township
- Shop in July. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
- Offer under asking. Buyers paid 95.4% of the list price on average; 17% paid over.
- You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 76 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 6 a month), and the most competition: 29% close over asking. March has the least competition (6%) but only about 2 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Minnesota
| Sverdrup Township now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 17% | 15% | 30% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 29% | 3% | 24% | 42% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 95.4% | 95.8% | 99% | 99.3% |
| Days to sellMedian days from listing to contract | 76 | 104 | 73 | 35 |
10 homes for sale on a typical day
That’s twice the 2022 low (5), 48% fewer than in 2017–19 and well under 2017’s 25.
Source: Redfin Data Center, ZIP code tracker; for ZIP 56586, which takes in Sverdrup Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to April 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Sverdrup Township home costs about $2,125 a month
Price: Sverdrup Township’s typical sale, last 12 months. Property tax at Sverdrup Township’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Sverdrup Township is affordable on local pay is on Cost of living.
Five things worth knowing
New listings in June
The month with the most choice. January has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $372K home, about $2,210 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Sverdrup Township.
Work & commuteCheck 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 hazardsLook 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.
Fergus Falls, Pelican Rapids and Perham sell for less a square foot
The busier markets within 25 miles of Sverdrup Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Fergus Falls | 184 | $245K | $134 | 35% | 28 |
| Perham | 32 | $271K | $156 | 13% | 101 |
| Sverdrup Township (ZIP 56586) | 30 | $372K | $172 | 17% | 76 |
| Pelican Rapids | 28 | $218K | $137 | 7% | 94 |
Redfin Data Center, May 2025 to April 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Sverdrup Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Sverdrup Township. People who follow the town see it, and so do people comparing Sverdrup Township with their own town. No commission, no listing fee.
Questions about buying a home in Sverdrup Township
What do homes sell for in Sverdrup Township, MN?
30 homes sold in the year to April 2026 at a typical $372K, $172 a square foot.
Is Sverdrup Township a buyer’s or seller’s market?
A buyer’s market: 9 homes were for sale in April 2026 and 0 sold, about 9 months of supply. Buyers paid 95.4% of asking on average.
When is the best time to buy in Sverdrup Township?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Sverdrup Township?
About 0.6% of a home’s value a year. On a $372K home that’s near $2,210.
Where can I see homes for sale in Sverdrup Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Sverdrup Township’s MLS listings; the search links above open each one filtered to Sverdrup Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 56586, which takes in Sverdrup Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).