$5,818 Closing Credit*
$489,900
2,525 SqFt
5 Beds
•2 Full Baths, 1 Partial
Kelly Emanuel, Listing Office: Adolphson Real Estate - Cloquet
Is 55733, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 55733 has remained a Seller's Market.
Key Takeaway
55733 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 55733, MN
How much do homes in 55733, MN cost?
Median Sold Price
$267,450
$187/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$67,500(-20.2%)
Key Takeaway
Homes in 55733 have sold for 20.2% less than they did a month ago.
Summary: The median home sold price in 55733 was $267,450 in November 2024, down 20.2% from last month, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $223K | $160K | -28.3% |
| 3 Bedrooms | $345K | $319.9K | -7.3% |
| 4 Bedrooms | $525K | $407.4K | -22.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: 55733 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 decreased by 28.3%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 22.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 55808 | $216.5K | $240K | +10.9% |
| 55718 | $362K | $325K | -10.2% |
| 55733 | $334.9K | $267.4K | -20.2% |
| 55810 | $398K | $302.4K | -24.0% |
Housing Supply in 55733, MN
How many homes are available in 55733, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 21 | -27.6% |
Summary: The 55733 real estate market had 21 homes for sale in November 2024, a 27.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 55733 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 55733, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 55733 in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for 55733, MN
How long does it take to sell a home in 55733, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 45 Days | +184.4% |
Summary: Homes in 55733 had an average of 45 days on market in Nov 2024, up by 184.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 55733 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 55733; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
