$269,900
2,058 SqFt
3 Beds
•1 Full Bath
Brenna Fahlin, Listing Office: Messina & Associates Real Estate
October 2024
Report Updated 4 Days Ago
Is 55812, 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, 55812 has remained a Seller's Market.
How much do homes in 55812, MN cost?
$337,000
$189/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
Summary: The median home sold price in 55812 was $337,000 in October 2024, up 33.5% from last month, and the median price per square foot was $189.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $337K | N/A |
3 Bedrooms | $247.2K | $331.2K | +34.0% |
4 Bedrooms | - | $340K | N/A |
5+ Bedrooms | $395K | $334.5K | -15.3% |
Summary: 55812 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 did not change, 3 bedroom homes increased by 34%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 15.3%.
How many homes are available in 55812, MN?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Summary: The 55812 real estate market had 30 homes for sale in October 2024, a 3.4% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 11 | 8 | -27.3% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 55812 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 increased by 40%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 14.3%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 55812 in October 2024, down by 14.3% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
How long does it take to sell a home in 55812, MN?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
20 Days | 21 Days | +4.3% |
Summary: Homes in 55812 had an average of 21 days on market in Oct 2024, up by 4.3% compared to last month.
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During October 2024, 6 homes were sold in 55812; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 4 Days Ago
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Based on information from Lake Superior Area MLS, and NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 09/01/2024 - 11/01/2024
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 11/5/2024, 10:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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