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Oak Grove housing market, August 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of September 8, 2026. See the newest report (September 2026)

  • Median sale price$570K−6.5% vs. August 2025
  • Homes sold13+62.5% vs. August 2025
  • Days on market30August 2026
  • Months of supply4.2end of August 2026

The short version

Oak Grove in August 2026

In August 2026, 13 homes sold in Oak Grove, against 8 in August 2025.

The median sale price was $570,000, down 6.5% from a year earlier, and homes spent 30 days on market, with sellers receiving 100.4% of their original list price.

The month ended with 39 homes for sale, 4.2 months of supply.

Over the 12 months through August 2026, the median was $479,900 (down 8.3%) across 119 sales.

That was the 12th highest median sale price of the 80 cities in our guides with at least 10 sales that month.

Median sale price by month through August 2026, Oak Grove
200k400k600k800kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Aug 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$495,250Jan 2026$533,250Feb 2026$470,000Mar 2026$475,500Apr 2026$600,000May 2026$579,355Jun 2026$436,500Jul 2026$438,800$570,000Aug 2026$570,000

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
Feb 2026$470,000
Mar 2026$475,500
Apr 2026$600,000
May 2026$579,355
Jun 2026$436,500
Jul 2026$438,800
Aug 2026$570,000

All the numbers

Oak Grove, August 2026 vs. August 2025

August 202612 months through August 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$609,950$570,000−6.5%$523,500$479,900−8.3%
Average sale price$700,850$606,472−13.5%$567,071$553,220−2.4%
Price per square foot$216$233+8.2%$237$232−1.8%
Closed sales813+62.5%92119+29.3%
New listings2019−5.0%153169+10.5%
Days on market5030−40.0%6542−35.4%
% of original list price received96.5%100.4%+4.0%98.9%99%+0.1%
Homes for sale (end of month)3639+8.3%———
Months of supply4.44.2−4.5%———
Twin Cities region, median price$400,000$405,000+1.3%$389,000$395,000+1.5%

Source: Minneapolis Area REALTORS® Local Market Update, Oak Grove, August 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of September 8, 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 August 2026: questions

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

$570,000, from 13 sales (down 6.5% from August 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

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

13, against 8 in August 2025. 19 new listings came on the market that month.

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

Oak Grove ended August 2026 with 4.2 months of supply (39 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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