Brandon, MN 56315

That's the average rate borrowers locked on October 22, 2026, from Optimal Blue's index of actual rate locks. On the median-priced home here, $429,000 with 10% down, it comes to $2,634 a month in principal and interest.

The typical home here costs $102 a month less than it did a year ago.

A year ago the median list price was about $498,000 and the 30-year rate was 6.17%: $2,736 a month with 10% down. Now it's $429,000 at 7.25%: $2,634.

Put the other way, last year's $2,736 a month buys about a $446,000 home at the latest rate.

Only 6 homes were for sale in 56315 in September, too few for steady figures, so these are for Douglas County, MN.

On a typical day in September, 153 homes were for sale: 2.5% fewer than in August and 1.6% fewer than a year ago. During the month 54 new listings came on, and on a typical day 52 homes were under contract.

Homes spent a median of 56 days on the market, 9 days shorter than a year ago. Sellers cut the price on 21% of listings, up 3 points from a year ago. The median list price was $429,000, or $223 a square foot: down 7.7% from August and down 14% from a year ago.

Balanced market. Judged on 34 homes under contract for every 100 for sale, 56 days on the market and price cuts on 21% of listings.

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