$126,000
Land
Listing Office: Coldwell Banker Realty
Is Cass County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Cass County has remained a Seller's Market.
Key Takeaway
Cass County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cass County, MN
How much do homes in Cass County, MN cost?
Median Sold Price
$324,800
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$200(-0.1%)
Key Takeaway
The sold price of homes in Cass County has remained the same since last year.
Summary: The median home sold price in Cass County was $324,800 in October 2024, down 0.1% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.7K | $174K | -4.8% |
| 2 Bedrooms | $282.9K | $263.7K | -6.8% |
| 3 Bedrooms | $369.1K | $344.5K | -6.7% |
| 4 Bedrooms | $369.9K | $455.5K | +23.1% |
| 5+ Bedrooms | $500K | $535K | +7.0% |
Summary: Cass County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Counties
| Itasca County | $235K | $255.4K | +8.7% |
| Hubbard County | $290K | $307.5K | +6.0% |
| Crow Wing County | $340.8K | $350K | +2.7% |
| Cass County | $325K | $324.8K | -0.1% |
| Aitkin County | $276.5K | $260K | -6.0% |
Housing Supply in Cass County, MN
How many homes are available in Cass County, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 224 | 232 | +3.6% |
Summary: The Cass County real estate market had 232 homes for sale in October 2024, a 3.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 11 | +10.0% |
| 2 Bedrooms | 68 | 62 | -8.8% |
| 3 Bedrooms | 91 | 103 | +13.2% |
| 4 Bedrooms | 43 | 41 | -4.7% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Cass County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 43 | -6.5% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cass County, you may be able to get a good deal. 51.2% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in Cass County in October 2024, down by 6.5% month-over-month. Of the 43 sold homes, 51% were sold under asking, 19% were sold at asking, and 30% were sold over asking.
Days on Market for Cass County, MN
How long does it take to sell a home in Cass County, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 38 Days | +6.8% |
Summary: Homes in Cass County had an average of 38 days on market in Oct 2024, up by 6.8% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cass County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 43 homes were sold in Cass County; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
