$2,968 Closing Credit*
$249,900
1,449 SqFt
2 Beds
•1 Full Bath, 1 Partial
Listing Office: Weichert Realtors, Community Group
Is Blue Earth County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Blue Earth County has remained a Seller's Market.
Key Takeaway
Blue Earth County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blue Earth County, MN
How much do homes in Blue Earth County, MN cost?
Median Sold Price
$299,999
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,499(+5.8%)
Key Takeaway
Homes in Blue Earth County have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Blue Earth County was $299,999 in November 2024, up 5.8% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $185K | +94.7% |
| 2 Bedrooms | $239K | $250K | +4.6% |
| 3 Bedrooms | $260K | $249.9K | -3.9% |
| 4 Bedrooms | $318.9K | $360K | +12.9% |
| 5+ Bedrooms | $453.3K | $452.7K | -0.1% |
Summary: Blue Earth County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 94.7%, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Counties
| Nicollet County | $279K | $309.9K | +11.1% |
| Blue Earth County | $283.5K | $299.9K | +5.8% |
| Waseca County | $237.5K | $234.5K | -1.3% |
| Le Sueur County | $294.2K | $284.9K | -3.2% |
Housing Supply in Blue Earth County, MN
How many homes are available in Blue Earth County, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 124 | 123 | -0.8% |
Summary: The Blue Earth County real estate market had 123 homes for sale in November 2024, a 0.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 20 | 17 | -15.0% |
| 3 Bedrooms | 58 | 62 | +6.9% |
| 4 Bedrooms | 34 | 34 | 0.0% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Blue Earth County 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 15%, 3 bedroom homes increased by 6.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blue Earth County, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Blue Earth County in November 2024, down by 17.9% month-over-month. Of the 23 sold homes, 43% were sold under asking, 17% were sold at asking, and 39% were sold over asking.
Days on Market for Blue Earth County, MN
How long does it take to sell a home in Blue Earth County, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 42 Days | +42.2% |
Summary: Homes in Blue Earth County had an average of 42 days on market in Nov 2024, up by 42.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Blue Earth County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in Blue Earth County; 65% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
