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Featured local agent — Oak Grove, MN
Sarah Mitchell
Compass Real Estate · Oak Grove, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oak Grove, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$579,355median sale price
How is the Oak Grove, MN housing market right now?
The median home sale price in Oak Grove, MN is $579,355, up 0.8% year-over-year. Homes sell in an average of 20 days with 22 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Oak Grove a buyer's or seller's market?
Oak Grove, MN is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
20
Fast-moving
Active listings
22
1.6 months supply
Sale-to-list
100.5%
Above asking
What does the Oak Grove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $579,355 |
| Median list price | $592,450 |
| Year-over-year price change | +0.8% |
| Average days on market | 20 days |
| Active inventory | 22 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 100.5% |
| Median price per sq ft | $216/sq ft |
| Homes sold (latest month) | 14 |
| New listings (latest month) | 17 |
| Listings with a price cut | 36.4% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Oak Grove by property type?
How the Oak Grove, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $579,355 | $216/sq ft | 14 | 20 days |
| Townhouse | $295,000 | $167/sq ft | 1 | 40 days |
Source: Redfin · Updated monthly
The Oak Grove housing market is currently classified as a strong seller's market with a median sale price of $579,355. Prices have risen 0.8% compared to last year, with homes spending an average of 20 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Oak Grove
There are currently 22 homes listed for sale in Oak Grove, Minnesota. The median listing price is $592K.
Active listings
22
Homes on market
Median list price
$592K
Avg. days on market
20
Days until sale
New this week
17
Newly listed
Who lives in Oak Grove?
Population
9,031
Median income
$114,679/yr
Median age
44.5 years
Owner-occupied
94.2%
College grads
25.7%
Avg commute
36.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Oak Grove?
Zillow home value
$479,329
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Oak Grove?
Oak Grove is a community of approximately 9K residents with a median age of 44.5 years.The median household income is $114,679, which reflects a relatively affluent area with strong earning potential. 25.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 94.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 36.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Oak Grove offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Oak Grove, MN?
Want a head-to-head view? Compare Oak Grove side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Oak Grove?
The median home sale price in Oak Grove is $579,355, up 0.8% from last year.
How long do homes stay on market in Oak Grove?
Homes typically spend 20 days on market before going under contract.
What is the median income in Oak Grove?
The median household income is $114,679 per year.
Is Oak Grove a buyer's or seller's market?
With 1.6 months of supply, Oak Grove is currently a strong seller's market.
What is the Zillow home value estimate for Oak Grove?
The Zillow Home Value Index (ZHVI) for Oak Grove is $479,329, representing the typical home value in the area.
How much does a single-family home cost in Oak Grove?
The median single-family home price in Oak Grove, MN is $579,355 (about $216 per square foot).
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