$1,176 Closing Credit*
$99,000
999 SqFt
2 Beds
•1 Full Bath
Listing Office: Reed Realty
Is Baudette, 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, Baudette has remained a Seller's Market.
Key Takeaway
Baudette is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baudette, MN
How much do homes in Baudette, MN cost?
Median Sold Price
$202,150
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,150(+12.9%)
Key Takeaway
Homes in Baudette have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Baudette was $202,150 in October 2024, up 12.9% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $195K | +116.7% |
| 2 Bedrooms | $89.9K | $155K | +72.4% |
| 3 Bedrooms | $195K | $224.9K | +15.3% |
| 4 Bedrooms | $268K | $280K | +4.5% |
| 5+ Bedrooms | $235K | $550K | +134.0% |
Summary: Baudette housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 116.7%, 2 bedroom homes increased by 72.4%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 134%.
Median Sold Price Compared To Nearby Cities
| Baudette | $179K | $202.1K | +12.9% |
| Baudette Township | $179K | $202.1K | +12.9% |
Housing Supply in Baudette, MN
How many homes are available in Baudette, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 36 | +2.9% |
Summary: The Baudette real estate market had 36 homes for sale in October 2024, a 2.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Baudette 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 decreased by 18.2%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
8 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 Baudette, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Baudette in October 2024, up by 166.7% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Baudette, MN
How long does it take to sell a home in Baudette, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 60 Days | +65.7% |
Summary: Homes in Baudette had an average of 60 days on market in Oct 2024, up by 65.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Baudette has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Baudette; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
