$129,900
2.50 Acres
Land
Julie J. Carlson, Listing Office: Coldwell Banker North Shore
Is Cook County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 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
$453,000
$335/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,000(+0.7%)
Key Takeaway
Homes in Cook County have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Cook County was $453,000 in November 2024, up 0.7% from last year, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230.7K | $322.4K | +39.7% |
| 2 Bedrooms | $866K | $420K | -51.5% |
| 3 Bedrooms | $450K | $495K | +10.0% |
| 4 Bedrooms | $810K | $650K | -19.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Cook County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.7%, 2 bedroom homes decreased by 51.5%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes did not change.
Housing Supply in Cook County, MN
How many homes are available in Cook County, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 41 | -21.2% |
Summary: The Cook County real estate market had 41 homes for sale in November 2024, a 21.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 9 | -18.2% |
| 2 Bedrooms | 22 | 17 | -22.7% |
| 3 Bedrooms | 13 | 9 | -30.8% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cook County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes decreased by 22.7%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 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. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Cook County in November 2024, down by 16.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 53 Days | +41.8% |
Summary: Homes in Cook County had an average of 53 days on market in Nov 2024, up by 41.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cook County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Cook County; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
