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

$407,500

$186/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$182,500(+81.1%)

Key Takeaway

Homes in Cohasset have sold for 81.1% more than they did a month ago.

Summary: The median home sold price in Cohasset was $407,500 in December 2024, up 81.1% from last month, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 -$65K
N/A
2 $180K-
N/A
3 $247.4K$500K
+102.1%
4 -$417.5K
N/A
5+ --
N/A

Summary: Cohasset 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 increased by 102.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cohasset
+81.1%
Arbo Township
-19.6%

Housing Supply in Cohasset, MN

How many homes are available in Cohasset, MN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
129-25.0%

Summary: The Cohasset real estate market had 9 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 21
-50.0%
3 42
-50.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Cohasset 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 decreased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cohasset, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Cohasset in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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

Nov 2024Dec 2024CHANGE
7 Days103 Days+1246.7%

Summary: Homes in Cohasset had an average of 103 days on market in Dec 2024, up by 1246.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cohasset are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 4 homes were sold in Cohasset; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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 4 Days Ago

Newest Listings in Cohasset, MN

Nearby Markets to Cohasset, MN

What housing markets are near Cohasset, MN?