$4,750 Closing Credit*
$399,999
2,420 SqFt
5 Beds
•1 Full Bath
Listing Office: Coldwell Banker Realty
Is Breezy Point, 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, Breezy Point was a Seller's Market.
Key Takeaway
Breezy Point is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Breezy Point, MN
How much do homes in Breezy Point, MN cost?
Median Sold Price
$370,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.8%)
Key Takeaway
Homes in Breezy Point have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Breezy Point was $370,000 in October 2024, up 2.8% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $188K | -20.0% |
| 2 Bedrooms | $240K | $282.5K | +17.7% |
| 3 Bedrooms | $430K | $340.7K | -20.8% |
| 4 Bedrooms | $433.5K | $445K | +2.7% |
| 5+ Bedrooms | $459K | $625K | +36.2% |
Summary: Breezy Point housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 17.7%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 36.2%.
Median Sold Price Compared To Nearby Cities
| Breezy Point | $360K | $370K | +2.8% |
| Pequot Lakes | $425K | $384K | -9.6% |
| Crosslake | $565K | $499.9K | -11.5% |
Housing Supply in Breezy Point, MN
How many homes are available in Breezy Point, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 45 | -4.3% |
Summary: The Breezy Point 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 | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Breezy Point 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Breezy Point, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Breezy Point in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.
Days on Market for Breezy Point, MN
How long does it take to sell a home in Breezy Point, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 32 Days | +51.3% |
Summary: Homes in Breezy Point had an average of 32 days on market in Oct 2024, up by 51.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Breezy Point has remained consistent over time.
Summary: During October 2024, 7 homes were sold in Breezy Point; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
