$1,514 Closing Credit*
$127,500
1,112 SqFt
2 Beds
•1 Full Bath
Listing Office: Trademark Realty LLC
Is 55769, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 55769 was a Buyer's Market.
Key Takeaway
55769 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 55769, MN
How much do homes in 55769, MN cost?
Median Sold Price
$202,560
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$52,610(+35.1%)
Key Takeaway
Homes in 55769 have sold for 35.1% more than they did a year ago.
Summary: The median home sold price in 55769 was $202,560 in December 2024, up 35.1% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89K | - | N/A |
| 2 Bedrooms | $112.9K | $129.5K | +14.7% |
| 3 Bedrooms | $152.5K | $220K | +44.3% |
| 4 Bedrooms | $302.5K | $252.5K | -16.5% |
| 5+ Bedrooms | $140K | $463.5K | +231.1% |
Summary: 55769 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 44.3%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes increased by 231.1%.
Median Sold Price Compared To Nearby Zip Codes
| 55769 | $149.9K | $202.5K | +35.1% |
| 55709 | $207.5K | $275K | +32.5% |
Housing Supply in 55769, MN
How many homes are available in 55769, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The 55769 real estate market had 10 homes for sale in December 2024, a 11.1% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 55769 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 55769, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 55769 in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 55769, MN
How long does it take to sell a home in 55769, MN?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 96 Days | 38 Days | -59.7% |
Summary: Homes in 55769 had an average of 38 days on market in Dec 2024, down by 59.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 55769 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in 55769; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
