$75,000
Land
Listing Office: Base Camp Country Real Estate
Is Cook County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cook County has remained a Seller's Market.
Key Takeaway
Cook County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cook County, MN
How much do homes in Cook County, MN cost?
Median Sold Price
$460,000
$378/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$20,000(-4.2%)
Key Takeaway
Homes in Cook County have sold for 4.2% less than they did a month ago.
Summary: The median home sold price in Cook County was $460,000 in October 2024, down 4.2% from last month, and the median price per square foot was $378.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $460K | $450K | -2.2% |
| 2 Bedrooms | $354K | $460K | +29.9% |
| 3 Bedrooms | - | $490K | N/A |
| 4 Bedrooms | $525K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cook County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 29.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Lake County | $182K | $230K | +26.4% |
| Cook County | $480K | $460K | -4.2% |
Housing Supply in Cook County, MN
How many homes are available in Cook County, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 53 | 0.0% |
Summary: The Cook County real estate market had 53 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 12 | -14.3% |
| 2 Bedrooms | 22 | 22 | 0.0% |
| 3 Bedrooms | 9 | 13 | +44.4% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cook County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 44.4%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cook County, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Cook County in October 2024, up by 9.1% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.
Days on Market for Cook County, MN
How long does it take to sell a home in Cook County, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 36 Days | +79.2% |
Summary: Homes in Cook County had an average of 36 days on market in Oct 2024, up by 79.2% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cook County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Cook County; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
