$4,274 Closing Credit*
$359,900
3,100 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Central MN Realty LLC
Is Avon, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Avon was a Seller's Market.
Key Takeaway
Avon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Avon, MN
How much do homes in Avon, MN cost?
Median Sold Price
$322,557
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,557(+1.8%)
Key Takeaway
Homes in Avon have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Avon was $322,557 in October 2024, up 1.8% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $297.4K | +32.2% |
| 3 Bedrooms | $335K | $325.2K | -2.9% |
| 4 Bedrooms | $330K | $377.5K | +14.4% |
| 5+ Bedrooms | $314K | $305.9K | -2.6% |
Summary: Avon 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 32.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Cities
| Avon Township | $317K | $325.2K | +2.6% |
| Avon | $317K | $322.5K | +1.8% |
Housing Supply in Avon, MN
How many homes are available in Avon, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The Avon real estate market had 19 homes for sale in October 2024, a 5.0% 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 | 3 | 5 | +66.7% |
| 3 Bedrooms | 11 | 8 | -27.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Avon 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 66.7%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Avon, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Avon in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Avon, MN
How long does it take to sell a home in Avon, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 33 Days | +20.7% |
Summary: Homes in Avon had an average of 33 days on market in Oct 2024, up by 20.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Avon are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Avon; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
