$4,697 Closing Credit*
$395,500
952 SqFt
2 Beds
•1 Bath
Listing Office: RE/MAX Preferred Realty
Is Atwater, 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, Atwater has remained a Seller's Market.
Key Takeaway
Atwater is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Atwater, MN
How much do homes in Atwater, MN cost?
Median Sold Price
$288,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,000(+6.7%)
Key Takeaway
Homes in Atwater have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Atwater was $288,000 in October 2024, up 6.7% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $120K | N/A |
| 2 Bedrooms | $150K | $395K | +163.3% |
| 3 Bedrooms | $292.5K | $302.5K | +3.4% |
| 4 Bedrooms | $271.1K | $210K | -22.5% |
| 5+ Bedrooms | - | $480K | N/A |
Summary: Atwater 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 163.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes did not change.
Housing Supply in Atwater, MN
How many homes are available in Atwater, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Summary: The Atwater real estate market had 14 homes for sale in October 2024, a 16.7% increase 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Atwater 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 25%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Atwater, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Atwater in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Atwater, MN
How long does it take to sell a home in Atwater, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 19 Days | +45.0% |
Summary: Homes in Atwater had an average of 19 days on market in Oct 2024, up by 45% 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 Atwater are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Atwater; 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.
