Truman, MN Housing Market

The Truman housing market is very competitive. The median sale price of a home in Truman was $116K last month, up 54.3% since last year.

Trends
Demand
Migration
Schools
Climate

Truman Housing Market Trends

What is the housing market like in Truman today?

In December 2024, Truman home prices were up 54.3% compared to last year, selling for a median price of $116K.

$125K

Sale Price

$73

Sale $/Sq. Ft.

Under List Price

1.2%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Truman and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Truman add value to a home.

How hot is the Truman housing market?

Truman is very competitive. Homes sell in 16 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 16 days.
Hot homes
can sell for about 7% above list price and go pending in around 8 days.

Compare With Nearby Cities

Fairmont

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 43 days.
Hot homes
can sell for about 1% above list price and go pending in around 8 days.

St. James

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 11 days.

See more nearby cities and neighborhoods

Truman Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Truman that sold recently

Recently sold homes

SOLD MAY 2, 2025
$233,500 Last Sold Price
5 beds
3 baths
—sq ft
306 E 5th St N, Truman, MN 56088
List Price
$239,900
Sale to List
3% under list
Days on Market
44 days
306 E 5th St N, Truman, MN 56088
SOLD APR 3, 2025
$164,978
3 beds
2 baths
1,268 sq ft
84541 430th St, Truman, MN 56088
List Price
—
Sale to List
—
Days on Market
—
84541 430th St, Truman, MN 56088
SOLD APR 1, 2025
$124,900 Last Sold Price
3 beds
1 bath
—sq ft
106 N 3rd Ave E, Truman, MN 56088
List Price
$130,000
Sale to List
4% under list
Days on Market
63 days
106 N 3rd Ave E, Truman, MN 56088
SOLD MAR 28, 2025
$134,000
5 beds
1 bath
1,423 sq ft
2012 200th Ave, Truman, MN 56088
List Price
—
Sale to List
—
Days on Market
—
2012 200th Ave, Truman, MN 56088
SOLD FEB 21, 2025
$192,500 Last Sold Price
3 beds
3 baths
—sq ft
201 N 7th Ave E, Truman, MN 56088
List Price
$199,900
Sale to List
4% under list
Days on Market
39 days
201 N 7th Ave E, Truman, MN 56088
SOLD FEB 14, 2025
$133,000 Last Sold Price
3 beds
1 bath
—sq ft
114 N 2nd Ave E, Truman, MN 56088
List Price
$133,000
Sale to List
0% over list
Days on Market
109 days
114 N 2nd Ave E, Truman, MN 56088
SOLD JAN 31, 2025
$170,000 Last Sold Price
3 beds
3 baths
—sq ft
333 S Central Ave, Truman, MN 56088
List Price
$175,000
Sale to List
3% under list
Days on Market
46 days
333 S Central Ave, Truman, MN 56088
SOLD JAN 24, 2025
$199,000 Last Sold Price
3 beds
2 baths
—sq ft
2158 230th St, Truman, MN 56088
List Price
$199,900
Sale to List
0% under list
Days on Market
143 days
2158 230th St, Truman, MN 56088
See all recently sold homes in Truman.
See listings

Schools in Truman

Learn about schools in the Truman area

Elementary
Middle
High

GreatSchools Rating

6/10

Truman Elementary School

Public • PreK-6

158

Students

2 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Truman housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Truman.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

100% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Truman

New Listings in Truman

Zip Code Housing Markets

56088 Housing Market

Nearby City Housing Markets

Zip Code Listings

56088 Real Estate

Nearby City Listings

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Become a Lender Partner

Subsidiaries

Rent.

ApartmentGuide

Bay Equity Home Loans

Title Forward

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.