Is Cohasset, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cohasset is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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

$225,000

$172/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$125,000(-35.7%)

Key Takeaway

Homes in Cohasset have sold for 35.7% less than they did a month ago.

Summary: The median home sold price in Cohasset was $225,000 in November 2024, down 35.7% from last month, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$180K
N/A
3 $582.5K$247.4K
-57.5%
4 $350K-
N/A
5+ --
N/A

Summary: Cohasset housing prices by bedroom type for November 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 decreased by 57.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Arbo Township
+123.8%
Cohasset
-35.7%

Housing Supply in Cohasset, MN

How many homes are available in Cohasset, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
12120.0%

Summary: The Cohasset real estate market had 12 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 65
-16.7%
4 43
-25.0%
5+ 01
+100.0%

Summary: The Cohasset 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 increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cohasset, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Cohasset in November 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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 2024Nov 2024CHANGE
24 Days7 Days-68.7%

Summary: Homes in Cohasset had an average of 7 days on market in Nov 2024, down by 68.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cohasset are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Cohasset; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Cohasset, MN

Nearby Markets to Cohasset, MN

What housing markets are near Cohasset, MN?