$4,691 Closing Credit*
$395,000
2,253 SqFt
4 Beds
•1 Full Bath
Listing Office: EDGE OF THE WILDERNESS REALTY
Is 55793, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 55793 has remained a Seller's Market.
Key Takeaway
55793 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 55793, MN
How much do homes in 55793, MN cost?
Median Sold Price
$270,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$57,000(+26.8%)
Key Takeaway
Homes in 55793 have sold for 26.8% more than they did a year ago.
Summary: The median home sold price in 55793 was $270,000 in October 2024, up 26.8% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $239.5K | +26.1% |
| 3 Bedrooms | $233K | $342.5K | +47.0% |
| 4 Bedrooms | $164.9K | - | N/A |
| 5+ Bedrooms | $160K | - | N/A |
Summary: 55793 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.1%, 3 bedroom homes increased by 47%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 55793 | $213K | $270K | +26.8% |
| 55744 | $247.5K | $275K | +11.1% |
Housing Supply in 55793, MN
How many homes are available in 55793, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Summary: The 55793 real estate market had 4 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 55793 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 55793, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in 55793 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 55793, MN
How long does it take to sell a home in 55793, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 67 Days | +31.4% |
Summary: Homes in 55793 had an average of 67 days on market in Oct 2024, up by 31.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 55793 has remained consistent over time.
Summary: During October 2024, 1 homes were sold in 55793; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
