$2,671 Closing Credit*
$224,900
988 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: eXp Realty (3523 FGO)
Is Blackduck, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Blackduck was a Neutral Market.
Key Takeaway
Blackduck is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Blackduck, MN
How much do homes in Blackduck, MN cost?
Median Sold Price
$139,900
$87/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$5,100(-3.5%)
Key Takeaway
Homes in Blackduck have sold for 3.5% less than they did a month ago.
Summary: The median home sold price in Blackduck was $139,900 in November 2024, down 3.5% from last month, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $100K | - | N/A |
| 5+ Bedrooms | - | $139.9K | N/A |
Summary: Blackduck housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hines Township | $279.5K | $388K | +38.8% |
| Blackduck | $145K | $139.9K | -3.5% |
Housing Supply in Blackduck, MN
How many homes are available in Blackduck, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The Blackduck real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Blackduck housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
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 Blackduck, 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 Blackduck in November 2024, down by 50.0% 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 Blackduck, MN
How long does it take to sell a home in Blackduck, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 183 Days | +430.4% |
Summary: Homes in Blackduck had an average of 183 days on market in Nov 2024, up by 430.4% compared to last month.
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 Blackduck 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 Blackduck; 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.
