$2,838 Closing Credit*
$239,000
1,940 SqFt
4 Beds
•2 Full Baths
Listing Office: Edina Realty, Inc.
Is Browerville, 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, Browerville has remained a Seller's Market.
Key Takeaway
Browerville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Browerville, MN
How much do homes in Browerville, MN cost?
Median Sold Price
$218,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$53,100(+32.2%)
Key Takeaway
Homes in Browerville have sold for 32.2% more than they did a year ago.
Summary: The median home sold price in Browerville was $218,000 in November 2024, up 32.2% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $145K | N/A |
| 2 Bedrooms | $130K | $275K | +111.5% |
| 3 Bedrooms | $190K | $205.5K | +8.2% |
| 4 Bedrooms | $129.7K | $256.5K | +97.7% |
| 5+ Bedrooms | $365K | $189.9K | -48.0% |
Summary: Browerville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 111.5%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 97.7%, and 5+ bedroom homes decreased by 48%.
Housing Supply in Browerville, MN
How many homes are available in Browerville, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Browerville real estate market had 11 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Browerville 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 100%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Browerville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Browerville in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Browerville, MN
How long does it take to sell a home in Browerville, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 79 Days | +670.7% |
Summary: Homes in Browerville had an average of 79 days on market in Nov 2024, up by 670.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Browerville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Browerville; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
