$7,124 Closing Credit*
$599,900
2,065 SqFt
3 Beds
•2 Full Baths
Listing Office: MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM
Is Burtrum, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Burtrum was a Neutral Market.
Key Takeaway
Burtrum is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Burtrum, MN
How much do homes in Burtrum, MN cost?
Median Sold Price
$27,500
$33/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$402,400(-93.6%)
Key Takeaway
Homes in Burtrum have sold for 93.6% less than they did a month ago.
Summary: The median home sold price in Burtrum was $27,500 in December 2024, down 93.6% from last month, and the median price per square foot was $33.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $8K | N/A |
| 2 Bedrooms | - | $47K | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $429.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Burtrum housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Burtrum, MN
How many homes are available in Burtrum, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The Burtrum real estate market had 6 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Burtrum housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 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 Burtrum, 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 Burtrum in December 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 Burtrum, MN
How long does it take to sell a home in Burtrum, MN?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 33 Days | 10 Days | -69.7% |
Summary: Homes in Burtrum had an average of 10 days on market in Dec 2024, down by 69.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Burtrum are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Burtrum; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
