Is Ashby, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ashby is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Ashby has remained a Seller's Market.

Key Takeaway

Ashby is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ashby, MN

How much do homes in Ashby, MN cost?

Median Sold Price

$329,000

$160/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$63,500(-16.2%)

Key Takeaway

Homes in Ashby have sold for 16.2% less than they did a month ago.

Summary: The median home sold price in Ashby was $329,000 in November 2024, down 16.2% from last month, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $145K-
N/A
2 --
N/A
3 -$398K
N/A
4 $640K-
N/A
5+ -$260K
N/A

Summary: Ashby 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ashby
-16.2%
Pelican Lake Township
-37.5%

Housing Supply in Ashby, MN

How many homes are available in Ashby, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
76-14.3%

Summary: The Ashby real estate market had 6 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 00
0.0%
3 34
+33.3%
4 10
-100.0%
5+ 11
0.0%

Summary: The Ashby housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ashby, 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 Ashby in November 2024, the same as the previous 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 Ashby, MN

How long does it take to sell a home in Ashby, MN?

Average Sale Time

Oct 2024Nov 2024CHANGE
31 Days156 Days+396.8%

Summary: Homes in Ashby had an average of 156 days on market in Nov 2024, up by 396.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Ashby are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Ashby; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

Newest Listings in Ashby, MN

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