$4,239 Closing Credit*
$357,000
800 SqFt
2 Beds
•1 Full Bath
Rae Johnson, Listing Office: Welcome Home Realty
Is 55767, 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, 55767 has remained a Seller's Market.
Key Takeaway
55767 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 55767, MN
How much do homes in 55767, MN cost?
Median Sold Price
$412,500
$266/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$180,000(+77.4%)
Key Takeaway
Homes in 55767 have sold for 77.4% more than they did a month ago.
Summary: The median home sold price in 55767 was $412,500 in November 2024, up 77.4% from last month, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $74.5K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $275K | $412.5K | +50.0% |
| 4 Bedrooms | $436.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 55767 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 increased by 50%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 55767 | $232.5K | $412.5K | +77.4% |
| 55707 | $457.5K | $379.9K | -17.0% |
| 55783 | $297.6K | $148.9K | -50.0% |
| 55756 | $570K | $90K | -84.2% |
Housing Supply in 55767, MN
How many homes are available in 55767, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 11 | -45.0% |
Summary: The 55767 real estate market had 11 homes for sale in November 2024, a 45.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 7 | 2 | -71.4% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 55767 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 71.4%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 55767, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 55767 in November 2024, down by 75.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 55767, MN
How long does it take to sell a home in 55767, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 13 Days | -33.8% |
Summary: Homes in 55767 had an average of 13 days on market in Nov 2024, down by 33.8% compared to last month.
Breakdown of Home Sale Times
2 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 55767 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 55767; 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.
