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Housing in Truman

24 homes sold in Truman in the last year, at a typical $138K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Truman homes are listed.

Homes sold
24
June 2025 to May 2026
Typical sale price
$138K
median, weighted by sales
Price per square foot
$77
Minnesota $190
Paid vs. asking
93.7%
13% sold over asking
For sale now
7
May 2026 · 5 sold that month
What sold · last 12 months

Houses are 96% of Truman’s sales, at a typical $136K

24 homes sold in the year to May 2026.

Houses$136K

typical sale · 23 sold in 12 months

Per square foot
$75MN $191
Days to sell
53
Sold over asking
13%
Listings with a price cut
32%
Fewer sales

Townhouses: 1 sold, typical $190K

Too few sales in 12 months for reliable figures.

4 years of sales

More homes sell than most years, at 1.7 times the 2016 price

24 sales in the last year, against 23 in 2020 and a low of 16 in 2014. The typical sale went from $80K in 2016 to $138K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2014: 16 sold, typical $54K’142016: 18 sold, typical $80K2020: 23 sold, typical $108K’202025: 23 sold, typical $130KLast 12 months: 24 sold, typical $138KNow

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

What your budget buys

What $150K buys in Truman

Houseat $75 a sq ft
The same money in Minnesotaat $191 a sq ft

Is this asking price fair?

Check a listing against what Truman 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.

Rent or buy?

Owning the typical Truman home costs about $859 a month

Mortgage
Property tax
Insurance
Rent

Price: Truman’s typical sale, last 12 months. Property tax at Truman’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Truman is affordable on local pay is on Cost of living.

Before you buy in Truman

Five things worth knowing

1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $138K home, about $1,670 a year.

Taxes vs. neighbors
C

Schools

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

Schools in Truman
18 min

Typical commute

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

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.

Selling, or renting out?

Post your home to Truman, free

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

Questions about buying a home in Truman

What do homes sell for in Truman, MN?

24 homes sold in the year to May 2026 at a typical $138K, $77 a square foot.

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

A seller’s market: 7 homes were for sale in May 2026 and 5 sold, about 1.4 months of supply. Buyers paid 93.7% of asking on average, and 32% of listings cut their price.

How much are property taxes in Truman?

About 1.2% of a home’s value a year. On a $138K home that’s near $1,670.

Where can I see homes for sale in Truman?

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

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).