$1,186 Closing Credit*
$99,900
768 SqFt
1 Bed
•1 Full Bath
Listing Office: EXIT MN Lakes Realty Bemidji
Is Bagley, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Bagley was a Seller's Market.
Key Takeaway
Bagley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bagley, MN
How much do homes in Bagley, MN cost?
Median Sold Price
$185,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-2.6%)
Key Takeaway
Homes in Bagley have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Bagley was $185,000 in November 2024, down 2.6% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158K | $70K | -55.7% |
| 2 Bedrooms | $170K | $187K | +10.0% |
| 3 Bedrooms | $161.5K | $157.9K | -2.2% |
| 4 Bedrooms | $228.4K | $210.2K | -8.0% |
| 5+ Bedrooms | $299.9K | $294K | -2.0% |
Summary: Bagley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.7%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Cities
| Copley Township | $216.4K | $236K | +9.0% |
| Bagley | $190K | $185K | -2.6% |
Housing Supply in Bagley, MN
How many homes are available in Bagley, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The Bagley real estate market had 15 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Bagley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 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 Bagley, 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 Bagley in November 2024, down by 33.3% month-over-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 Bagley, MN
How long does it take to sell a home in Bagley, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 59 Days | 13 Days | -78.1% |
Summary: Homes in Bagley had an average of 13 days on market in Nov 2024, down by 78.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bagley are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Bagley; 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.
