$3,206 Closing Credit*
$269,995
1,228 SqFt
2 Beds
•1 Full Bath, 1 Partial
Listing Office: Century 21 Atwood
Is 55120, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 55120 was a Neutral Market.
Key Takeaway
55120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 55120, MN
How much do homes in 55120, MN cost?
Median Sold Price
$315,900
$201/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$346,600(-52.3%)
Key Takeaway
Homes in 55120 have sold for 52.3% less than they did a month ago.
Summary: The median home sold price in 55120 was $315,900 in November 2024, down 52.3% from last month, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $271.5K | N/A |
| 3 Bedrooms | $760K | $317.9K | -58.2% |
| 4 Bedrooms | $565K | - | N/A |
| 5+ Bedrooms | - | $800K | N/A |
Summary: 55120 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 58.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 55120, MN
How many homes are available in 55120, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Summary: The 55120 real estate market had 17 homes for sale in November 2024, a 30.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 55120 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 55120, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 55120 in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 55120, MN
How long does it take to sell a home in 55120, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 19 Days | +28.0% |
Summary: Homes in 55120 had an average of 19 days on market in Nov 2024, up by 28% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 55120 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 55120; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
