$5,878 Closing Credit*
$495,000
1,250 SqFt
4 Beds
•1 Full Bath
Listing Office: Edina Realty, Inc.
Is Baudette, 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, Baudette was a Neutral Market.
Key Takeaway
Baudette is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Baudette, MN
How much do homes in Baudette, MN cost?
Median Sold Price
$216,200
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,200(+20.8%)
Key Takeaway
Homes in Baudette have sold for 20.8% more than they did a year ago.
Summary: The median home sold price in Baudette was $216,200 in November 2024, up 20.8% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $180K | +100.0% |
| 2 Bedrooms | $87.9K | $155K | +76.2% |
| 3 Bedrooms | $187.5K | $231.5K | +23.5% |
| 4 Bedrooms | $345K | $280K | -18.8% |
| 5+ Bedrooms | $235K | $550K | +134.0% |
Summary: Baudette housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 76.2%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes increased by 134%.
Median Sold Price Compared To Nearby Cities
| Baudette | $179K | $216.2K | +20.8% |
| Baudette Township | $179.5K | $216.2K | +20.4% |
Housing Supply in Baudette, MN
How many homes are available in Baudette, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 27 | -18.2% |
Summary: The Baudette real estate market had 27 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Baudette housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 1 | -88.9% |
Asking Price vs. Sold Price
1 Home Was 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 1 homes were sold or pending in Baudette in November 2024, down by 88.9% month-over-month. Of the 1 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 80 Days | 101 Days | +26.3% |
Summary: Homes in Baudette had an average of 101 days on market in Nov 2024, up by 26.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Baudette are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Baudette; 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.
