$713 Closing Credit*
$60,000
1,344 SqFt
3 Beds
•2 Full Baths
Listing Office: Miller Realty, Inc.
Is Breckenridge, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$152,450
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$15,050(-9.0%)
Key Takeaway
Homes in Breckenridge have sold for 9% less than they did a year ago.
Summary: The median home sold price in Breckenridge was $152,450 in November 2024, down 9% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $33.5K | $63K | +88.1% |
| 2 Bedrooms | $141.4K | $90K | -36.4% |
| 3 Bedrooms | $170K | $141.4K | -16.8% |
| 4 Bedrooms | $198K | $244.9K | +23.7% |
| 5+ Bedrooms | $245K | $450K | +83.7% |
Summary: Breckenridge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 88.1%, 2 bedroom homes decreased by 36.4%, 3 bedroom homes decreased by 16.8%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes increased by 83.7%.
Median Sold Price Compared To Nearby Cities
| Wahpeton | $210K | $250K | +19.0% |
| Breckenridge | $167.5K | $152.4K | -9.0% |
| Breckenridge Township | $167.5K | $152.4K | -9.0% |
Housing Supply in Breckenridge, MN
How many homes are available in Breckenridge, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 41 | -2.4% |
Summary: The Breckenridge real estate market had 41 homes for sale in November 2024, a 2.4% 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 | 5 | 4 | -20.0% |
| 3 Bedrooms | 31 | 30 | -3.2% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Breckenridge 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 20%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were 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 2 homes were sold or pending in Breckenridge in November 2024, up by 100.0% month-over-month. Of the 2 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 41 Days | +43.1% |
Summary: Homes in Breckenridge had an average of 41 days on market in Nov 2024, up by 43.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Breckenridge are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Breckenridge; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
