$2,803 Closing Credit*
$236,000
1,684 SqFt
4 Beds
•1 Full Bath
Listing Office: MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM
Is Cohasset, 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, Cohasset has remained a Seller's Market.
Key Takeaway
Cohasset is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cohasset, MN
How much do homes in Cohasset, MN cost?
Median Sold Price
$395,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$107,500(+37.4%)
Key Takeaway
Homes in Cohasset have sold for 37.4% more than they did a year ago.
Summary: The median home sold price in Cohasset was $395,000 in October 2024, up 37.4% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $158.8K | -49.6% |
| 2 Bedrooms | $290K | $209K | -27.9% |
| 3 Bedrooms | $279K | $395K | +41.6% |
| 4 Bedrooms | $445K | $447.5K | +0.6% |
| 5+ Bedrooms | $270K | $1.1M | +316.7% |
Summary: Cohasset housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.6%, 2 bedroom homes decreased by 27.9%, 3 bedroom homes increased by 41.6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 316.7%.
Median Sold Price Compared To Nearby Cities
| Cohasset | $287.5K | $395K | +37.4% |
| Deer Lake | $338K | $431.7K | +27.7% |
| Grand Rapids | $247.5K | $275K | +11.1% |
Housing Supply in Cohasset, MN
How many homes are available in Cohasset, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Cohasset real estate market had 13 homes for sale in October 2024, a 7.1% 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cohasset 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 decreased by 66.7%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cohasset, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Cohasset in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Cohasset, MN
How long does it take to sell a home in Cohasset, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 81 Days | 24 Days | -69.8% |
Summary: Homes in Cohasset had an average of 24 days on market in Oct 2024, down by 69.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cohasset are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Cohasset; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
