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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Big Stone County is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Big Stone County was a Seller's Market.

Key Takeaway

Big Stone County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Big Stone County, MN

How much do homes in Big Stone County, MN cost?

Median Sold Price

$155,000

$100/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Big Stone County has remained the same since last year.

Summary: The median home sold price in Big Stone County was $155,000 in October 2024, the same as last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $32K$101.2K
+216.4%
2 $160K$109K
-31.9%
3 $138K$183.5K
+33.0%
4 $285K$148.5K
-47.9%
5+ $100.5K$195.5K
+94.5%

Summary: Big Stone County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 216.4%, 2 bedroom homes decreased by 31.9%, 3 bedroom homes increased by 33%, 4 bedroom homes decreased by 47.9%, and 5+ bedroom homes increased by 94.5%.

Median Sold Price Compared To Nearby Counties

Traverse County
+50.0%
Stevens County
+24.1%
Lac qui Parle County
+17.4%
Swift County
+3.6%
Big Stone County
0.0%

Housing Supply in Big Stone County, MN

How many homes are available in Big Stone County, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2724-11.1%

Summary: The Big Stone County real estate market had 24 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 66
0.0%
3 128
-33.3%
4 66
0.0%
5+ 22
0.0%

Summary: The Big Stone County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Big Stone 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 3 homes were sold or pending in Big Stone County in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Big Stone County, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
70 Days82 Days+17.6%

Summary: Homes in Big Stone County had an average of 82 days on market in Oct 2024, up by 17.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Big Stone County has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Big Stone County; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 Big Stone County, MN

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