$3,443 Closing Credit*
$289,900
1,152 SqFt
3 Beds
•1 Full Bath
WJ River Rockenstein, Listing Office: Messina & Associates Real Estate
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
Last month, 55733 was a Neutral 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
$324,900
$152/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$135,400(+71.5%)
Key Takeaway
Homes in 55733 have sold for 71.5% more than they did a month ago.
Summary: The median home sold price in 55733 was $324,900 in October 2024, up 71.5% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $223K | +59.3% |
| 3 Bedrooms | $239K | $242.5K | +1.5% |
| 4 Bedrooms | - | $525K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 55733 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 59.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 55733 | $189.5K | $324.9K | +71.5% |
| 55808 | $239K | $216.5K | -9.4% |
| 55810 | $485K | $371K | -23.5% |
Housing Supply in 55733, MN
How many homes are available in 55733, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 33 | +26.9% |
Summary: The 55733 real estate market had 33 homes for sale in October 2024, a 26.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 55733 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 55733, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 55733 in October 2024, up by 150.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 16 Days | -41.8% |
Summary: Homes in 55733 had an average of 16 days on market in Oct 2024, down by 41.8% compared to last month.
Breakdown of Home Sale Times
9 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 55733 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in 55733; 90% 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.
