Making Sense of Bemidji's Inventory & Time-on-Market Trends (October 2025)

Bemidji Market Snapshot: October 2025

If you’re watching homes for sale in Bemidji, here’s what the latest Realtors Property Resource® report reveals about the market as of September 2025:

• Median Sold Price: $300,000 — up 11.1% month-over-month

• Median List Price: $339,900 — down 2.3% month-over-month

• Median Days on Market: 36 days

• Sold-to-List Price Ratio: 98.5%

• Months of Inventory: 3.52 months

These figures show Bemidji is transitioning from a competitive seller’s market to a more balanced one. While prices are up, homes are sitting on the market a bit longer, meaning buyers can move more strategically.

What These Trends Mean for Bemidji Homebuyers

With inventory up and market times extending, Bemidji buyers have more flexibility to shop and negotiate. A 3.5-month supply of homes suggests a healthier balance between supply and demand — giving you room to make thoughtful decisions instead of racing to outbid others.

However, with homes still selling at nearly 99% of list price, desirable properties don’t linger long. If you’re actively searching homes for sale in Bemidji, it’s smart to be pre-approved and ready to act when the right property hits the market.

Buyer Tips for Today’s Bemidji Market

• Watch new listings closely: Many homes go live around mid-month — set up alerts or work with your agent to see them first.

• Track days on market: Homes listed 30+ days may offer more negotiation potential.

• Compare list-to-sale ratios: Understanding how close homes sell to their asking price can help you craft stronger offers.

• Explore diverse neighborhoods: Bemidji’s mix of lakefront, suburban, and rural homes gives you options at different price points.

Why Now May Be the Right Time to Buy in Bemidji

Even as prices rise, Bemidji remains relatively affordable compared to many Minnesota markets. Steady appreciation — up 3.1% year-over-year in median estimated values — points to long-term investment potential.

For buyers looking to make a move before winter, this transitional market offers breathing room, leverage, and opportunities to find hidden gems before demand picks up again.

Ready to explore the latest homes for sale in Bemidji? Reach out to Zach Miller, buyer specialist with the Hoover Group, to get personalized insights and start your Bemidji home search today.

Zach Miller

218-288-1054