$3,086 Closing Credit*
$259,900
1,532 SqFt
4 Beds
•1 Full Bath, 1 Partial
Listing Office: CENTURY 21 Atwood
Is 55354, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 55354 has remained a Seller's Market.
Key Takeaway
55354 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 55354, MN
How much do homes in 55354, MN cost?
Median Sold Price
$240,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$22,750(-8.7%)
Key Takeaway
Homes in 55354 have sold for 8.7% less than they did a year ago.
Summary: The median home sold price in 55354 was $240,000 in November 2024, down 8.7% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $212K | -5.8% |
| 3 Bedrooms | $260K | $203.2K | -21.8% |
| 4 Bedrooms | $303.1K | $280K | -7.6% |
| 5+ Bedrooms | $267.7K | $335K | +25.1% |
Summary: 55354 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.8%, 3 bedroom homes decreased by 21.8%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 25.1%.
Median Sold Price Compared To Nearby Zip Codes
| 55395 | $270K | $277K | +2.6% |
| 55397 | $314K | $297K | -5.4% |
| 55354 | $262.7K | $240K | -8.7% |
Housing Supply in 55354, MN
How many homes are available in 55354, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Summary: The 55354 real estate market had 7 homes for sale in November 2024, a 30.0% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 1 | -75.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 55354 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 remained the same, 3 bedroom homes decreased by 75%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 55354, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 55354 in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 55354, MN
How long does it take to sell a home in 55354, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 21 Days | +320.0% |
Summary: Homes in 55354 had an average of 21 days on market in Nov 2024, up by 320% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 55354 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 55354; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
