Is Brown County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Brown County was a Buyer's Market.
Housing Prices in Brown County, MN
How much do homes in Brown County, MN cost?
Median Sold Price
$188,250
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Brown County was $188,250 in April 2024, up 14.1% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $58K | $38.5K | -33.6% |
2 Bedrooms | $79.5K | $85.6K | +7.7% |
3 Bedrooms | $165K | $188.2K | +14.1% |
4 Bedrooms | $182K | $236.9K | +30.2% |
5+ Bedrooms | $94K | $281K | +198.9% |
Summary: Brown County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.6%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 30.2%, and 5+ bedroom homes increased by 198.9%.
Median Sold Price Compared To Nearby Counties
Brown County | $165K | $188.2K | +14.1% |
Renville County | $144K | $155K | +7.6% |
Nicollet County | $260K | $275K | +5.8% |
Redwood County | $139.4K | $145.6K | +4.4% |
Housing Supply in Brown County, MN
How many homes are available in Brown County, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 25 | +38.9% |
Summary: The Brown County real estate market had 25 homes for sale in April 2024, a 38.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 10 | 16 | +60.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Brown County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Brown County in April 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Brown County, MN
How long does it take to sell a home in Brown County, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 27 Days | +17.4% |
Summary: Homes in Brown County had an average of 27 days on market in Apr 2024, up by 17.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Brown County; 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.