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Featured local agent — Vergas, MN
Sarah Mitchell
Compass Real Estate · Vergas, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Vergas, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$740,000median sale price
How is the Vergas, MN housing market right now?
The median home sale price in Vergas, MN is $740,000, up 49.8% year-over-year. Homes sell in an average of 28 days with 4 active listings. The market is currently a leaning buyer's. (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 Vergas a buyer's or seller's market?
Vergas, MN is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 28 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
28
Average pace
Active listings
4
4.0 months supply
Sale-to-list
94.9%
Below asking
What does the Vergas housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $740,000 |
| Median list price | $465,000 |
| Year-over-year price change | +49.8% |
| Average days on market | 28 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 94.9% |
| Median price per sq ft | $386/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 50.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Vergas by property type?
How the Vergas, 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 | $740,000 | $386/sq ft | 1 | 28 days |
Source: Redfin · Updated monthly
The Vergas housing market is currently classified as a leaning buyer's with a median sale price of $740,000. Prices have risen 49.8% compared to last year, with homes spending an average of 28 days on market, indicating 4.0 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 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Vergas
There are currently 4 homes listed for sale in Vergas, Minnesota. The median listing price is $465K.
Active listings
4
Homes on market
Median list price
$465K
Avg. days on market
28
Days until sale
New this week
1
Newly listed
Who lives in Vergas?
Population
241
Median income
$85,000/yr
Median age
55.5 years
Owner-occupied
75.7%
College grads
20.9%
Avg commute
23.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Vergas?
Zillow home value
$400,940
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Vergas?
Vergas is a community of approximately 0K residents with a median age of 55.5 years.The median household income is $85,000, which reflects a relatively affluent area with strong earning potential. 20.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Vergas offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Vergas, MN?
Want a head-to-head view? Compare Vergas side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Vergas?
The median home sale price in Vergas is $740,000, up 49.8% from last year.
How long do homes stay on market in Vergas?
Homes typically spend 28 days on market before going under contract.
What is the median income in Vergas?
The median household income is $85,000 per year.
Is Vergas a buyer's or seller's market?
With 4.0 months of supply, Vergas is currently a leaning buyer's.
What is the Zillow home value estimate for Vergas?
The Zillow Home Value Index (ZHVI) for Vergas is $400,940, representing the typical home value in the area.
How much does a single-family home cost in Vergas?
The median single-family home price in Vergas, MN is $740,000 (about $386 per square foot).
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