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Oak Grove housing market, January 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of February 6, 2026. See the newest report (September 2026)

  • Median sale price$533K+2.3% vs. January 2025
  • Homes sold6−33.3% vs. January 2025
  • Days on market89January 2026
  • Months of supply2.3end of January 2026

The short version

Oak Grove in January 2026

In January 2026, 6 homes sold in Oak Grove, against 9 in January 2025.

The median sale price was $533,250, up 2.3% from a year earlier, and homes spent 89 days on market, with sellers receiving 95.5% of their original list price.

The month ended with 18 homes for sale, 2.3 months of supply (a seller’s market by the usual measure).

Over the 12 months through January 2026, the median was $503,950 (up 2.9%) across 100 sales.

Only 6 homes sold here in January 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through January 2026, Oak Grove
200k400k600k800kOct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026$507,450Oct 2024$507,450Nov 2024$472,500Dec 2024$590,000Jan 2025$521,500Feb 2025$456,125Mar 2025$487,500Apr 2025$420,900May 2025$575,000Jun 2025$565,000Jul 2025$536,325Aug 2025$609,950Sep 2025$467,500Oct 2025$608,995Nov 2025$465,000Dec 2025$495,250$533,250Jan 2026$533,250

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$507,450
Nov 2024$472,500
Dec 2024$590,000
Jan 2025$521,500
Feb 2025$456,125
Mar 2025$487,500
Apr 2025$420,900
May 2025$575,000
Jun 2025$565,000
Jul 2025$536,325
Aug 2025$609,950
Sep 2025$467,500
Oct 2025$608,995
Nov 2025$465,000
Dec 2025$495,250
Jan 2026$533,250

All the numbers

Oak Grove, January 2026 vs. January 2025

January 202612 months through January 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$521,500$533,250+2.3%$489,900$503,950+2.9%
Average sale price$582,476$610,917+4.9%$530,264$568,072+7.1%
Price per square foot$260$233−10.4%$227$236+4.1%
Closed sales96−33.3%89100+12.4%
New listings128−33.3%161149−7.5%
Days on market10189−11.9%5755−3.5%
% of original list price received98.3%95.5%−2.8%98.7%98.6%−0.1%
Homes for sale (end of month)2118−14.3%———
Months of supply2.62.3−11.5%———
Twin Cities region, median price$370,000$375,000+1.4%$380,000$390,000+2.6%

Source: Minneapolis Area REALTORS® Local Market Update, Oak Grove, January 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of February 6, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Oak Grove in January 2026: questions

What was the median home price in Oak Grove, MN in January 2026?

$533,250, from 6 sales (up 2.3% from January 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $503,950.

How many homes sold in Oak Grove, MN in January 2026?

6, against 9 in January 2025. 8 new listings came on the market that month.

Was Oak Grove a buyer's or seller's market in January 2026?

Oak Grove ended January 2026 with 2.3 months of supply (18 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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