$4,501 Closing Credit*
$379,000
1,586 SqFt
3 Beds
•1 Full Bath
Listing Office: Edina Realty, Inc.
Is Crow Wing 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, Crow Wing County has remained a Seller's Market.
Key Takeaway
Crow Wing County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crow Wing County, MN
How much do homes in Crow Wing County, MN cost?
Median Sold Price
$355,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+1.4%)
Key Takeaway
Homes in Crow Wing County have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Crow Wing County was $355,000 in November 2024, up 1.4% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189K | $190.8K | +1.0% |
| 2 Bedrooms | $258.9K | $260.3K | 0.5% |
| 3 Bedrooms | $324.9K | $355K | +9.2% |
| 4 Bedrooms | $425K | $401.5K | -5.5% |
| 5+ Bedrooms | $544.9K | $624.9K | +14.7% |
Summary: Crow Wing County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Counties
| Mille Lacs County | $299.9K | $315K | +5.0% |
| Morrison County | $245K | $256.9K | +4.9% |
| Crow Wing County | $350K | $355K | +1.4% |
| Cass County | $325K | $325.6K | 0.2% |
| Aitkin County | $275K | $268.4K | -2.4% |
Housing Supply in Crow Wing County, MN
How many homes are available in Crow Wing County, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 521 | 482 | -7.5% |
Summary: The Crow Wing County real estate market had 482 homes for sale in November 2024, a 7.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 12 | 0.0% |
| 2 Bedrooms | 118 | 111 | -5.9% |
| 3 Bedrooms | 195 | 175 | -10.3% |
| 4 Bedrooms | 134 | 130 | -3.0% |
| 5+ Bedrooms | 62 | 54 | -12.9% |
Summary: The Crow Wing County 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 decreased by 5.9%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 12.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 115 | 95 | -17.4% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crow Wing County, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 95 homes were sold or pending in Crow Wing County in November 2024, down by 17.4% month-over-month. Of the 95 sold homes, 53% were sold under asking, 22% were sold at asking, and 25% were sold over asking.
Days on Market for Crow Wing County, MN
How long does it take to sell a home in Crow Wing County, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 45 Days | +32.2% |
Summary: Homes in Crow Wing County had an average of 45 days on market in Nov 2024, up by 32.2% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Crow Wing County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 95 homes were sold in Crow Wing County; 46% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
