Yes, but the best approach is focus, speed, and a price ceiling you set before touring.
If you are wondering whether you can buy without stretching too far, yes - but only if you stay disciplined. In Inver Grove Heights, MN, recent closings point to a market where homes are still moving with limited supply, so I would go in with a firm budget and a clear standard for value before you write anything.
Supply stood at 1.81 months last month, and recent offers came in at 99.4% of asking. A typical sale took 39 days. My read is that buyers still need to be realistic about competition, but this is not a setup for careless offers if you know your limit before the search starts.
I also pay close attention to the spread between active asking prices and recent closings. Over the previous 30 days, the typical asking price in Inver Grove Heights, MN was $504,473 while the typical closed price was $349,900. I would use that difference as a reminder to separate list-price ambition from actual closing evidence, especially when a home is clearly positioned above the recent closing center.
Set your ceiling before touring and stick to it. Narrow your target list to homes that line up with recent closed pricing, and move quickly when a property fits both your budget and your must-haves. Keep enough room for due diligence, and do not let a strong seller's market push you into solving the wrong problem with a higher offer.
