$4,155 Closing Credit*
$349,900
1,935 SqFt
4 Beds
•1 Full Bath
Listing Office: TheMLSonline.com, Inc.
Is Belle Plaine, 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, Belle Plaine was a Seller's Market.
Key Takeaway
Belle Plaine is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Belle Plaine, MN
How much do homes in Belle Plaine, MN cost?
Median Sold Price
$357,950
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,200(+7.3%)
Key Takeaway
Homes in Belle Plaine have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Belle Plaine was $357,950 in October 2024, up 7.3% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160K | N/A |
| 2 Bedrooms | $274.9K | $301K | +9.5% |
| 3 Bedrooms | $310K | $336.7K | +8.6% |
| 4 Bedrooms | $342.5K | $370.9K | +8.3% |
| 5+ Bedrooms | $424.9K | $380K | -10.6% |
Summary: Belle Plaine 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 9.5%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 10.6%.
Median Sold Price Compared To Nearby Cities
| Belle Plaine | $333.7K | $357.9K | +7.3% |
| Belle Plaine Township | $335K | $357.9K | +6.9% |
Housing Supply in Belle Plaine, MN
How many homes are available in Belle Plaine, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 49 | +11.4% |
Summary: The Belle Plaine real estate market had 49 homes for sale in October 2024, a 11.4% increase 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 | 4 | 8 | +100.0% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Belle Plaine 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 100%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 3 | -72.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belle Plaine, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Belle Plaine in October 2024, down by 72.7% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Belle Plaine, MN
How long does it take to sell a home in Belle Plaine, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 73 Days | 8 Days | -89.1% |
Summary: Homes in Belle Plaine had an average of 8 days on market in Oct 2024, down by 89.1% compared to last year.
Breakdown of Home Sale Times
3 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 Belle Plaine are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Belle Plaine; 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.
