$3,551 Closing Credit*
$299,000
2,084 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Swartz Brothers Assoc. Inc.
Is 56349, 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, 56349 has remained a Seller's Market.
Key Takeaway
56349 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 56349, MN
How much do homes in 56349, MN cost?
Median Sold Price
$150,000
$126/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$725,000(-82.9%)
Key Takeaway
Homes in 56349 have sold for 82.9% less than they did a month ago.
Summary: The median home sold price in 56349 was $150,000 in October 2024, down 82.9% from last month, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $875K | $150K | -82.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: 56349 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 did not change, 4 bedroom homes decreased by 82.9%, and 5+ bedroom homes did not change.
Housing Supply in 56349, MN
How many homes are available in 56349, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The 56349 real estate market had 4 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 56349 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 decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 56349, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 56349 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 56349, MN
How long does it take to sell a home in 56349, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 Days | 9 Days | -88.9% |
Summary: Homes in 56349 had an average of 9 days on market in Oct 2024, down by 88.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 56349 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 56349; 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.
