$4,263 Closing Credit*
$359,000
1,928 SqFt
3 Beds
•2 Full Baths
Listing Office: eXp Realty
Is Breckenridge, 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, Breckenridge was a Seller's Market.
Key Takeaway
Breckenridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Breckenridge, MN
How much do homes in Breckenridge, MN cost?
Median Sold Price
$149,950
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,050(-11.8%)
Key Takeaway
Homes in Breckenridge have sold for 11.8% less than they did a year ago.
Summary: The median home sold price in Breckenridge was $149,950 in October 2024, down 11.8% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45K | $63K | +40.0% |
| 2 Bedrooms | $141.4K | $90K | -36.4% |
| 3 Bedrooms | $174K | $142.5K | -18.1% |
| 4 Bedrooms | $198K | $244.9K | +23.7% |
| 5+ Bedrooms | $282K | $440K | +56.0% |
Summary: Breckenridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 36.4%, 3 bedroom homes decreased by 18.1%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes increased by 56%.
Median Sold Price Compared To Nearby Cities
| Wahpeton | $215K | $250K | +16.3% |
| Breckenridge | $170K | $149.9K | -11.8% |
| Breckenridge Township | $170K | $149.9K | -11.8% |
Housing Supply in Breckenridge, MN
How many homes are available in Breckenridge, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 45 | -4.3% |
Summary: The Breckenridge real estate market had 45 homes for sale in October 2024, a 4.3% decrease 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 36 | 34 | -5.6% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Breckenridge 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 decreased by 16.7%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
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 Breckenridge, 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 Breckenridge in October 2024, down by 85.7% 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 Breckenridge, MN
How long does it take to sell a home in Breckenridge, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 90 Days | +36.4% |
Summary: Homes in Breckenridge had an average of 90 days on market in Oct 2024, up by 36.4% compared to last year.
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 Breckenridge are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Breckenridge; 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.
