Is Becker County, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Becker County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Becker County has remained a Seller's Market.

Key Takeaway

Becker County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Becker County, MN

How much do homes in Becker County, MN cost?

Median Sold Price

$350,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,500(+7.2%)

Key Takeaway

Homes in Becker County have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Becker County was $350,000 in October 2024, up 7.2% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $183.5K$162.5K
-11.4%
2 $216K$274.5K
+27.1%
3 $359.9K$317.4K
-11.8%
4 $373K$420K
+12.6%
5+ $549K$735K
+33.9%

Summary: Becker County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.4%, 2 bedroom homes increased by 27.1%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 33.9%.

Median Sold Price Compared To Nearby Counties

Otter Tail County
+7.6%
Becker County
+7.2%
Wadena County
+6.8%
Hubbard County
+6.0%

Housing Supply in Becker County, MN

How many homes are available in Becker County, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
249246-1.2%

Summary: The Becker County real estate market had 246 homes for sale in October 2024, a 1.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 3541
+17.1%
3 10293
-8.8%
4 7576
+1.3%
5+ 3231
-3.1%

Summary: The Becker County 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 17.1%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 3.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4542-6.7%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Becker County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in Becker County in October 2024, down by 6.7% month-over-month. Of the 42 sold homes, 67% were sold under asking, 26% were sold at asking, and 7% were sold over asking.

Days on Market for Becker County, MN

How long does it take to sell a home in Becker County, MN?

Average Sale Time

Oct 2023Oct 2024CHANGE
66 Days38 Days-42.4%

Summary: Homes in Becker County had an average of 38 days on market in Oct 2024, down by 42.4% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Becker County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 42 homes were sold in Becker County; 48% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Becker County, MN

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What housing markets are near Becker County, MN?