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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Darwin is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Darwin has remained a Seller's Market.

Key Takeaway

Darwin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Darwin, MN

How much do homes in Darwin, MN cost?

Median Sold Price

$349,900

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$69,900(+25.0%)

Key Takeaway

Homes in Darwin have sold for 25% more than they did a year ago.

Summary: The median home sold price in Darwin was $349,900 in October 2024, up 25% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$135K
N/A
2 $245K-
N/A
3 $261.4K$337.4K
+29.1%
4 $372K$542.5K
+45.8%
5+ --
N/A

Summary: Darwin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 29.1%, 4 bedroom homes increased by 45.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Darwin Township
+52.7%
Darwin
+25.0%

Housing Supply in Darwin, MN

How many homes are available in Darwin, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The Darwin real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 11
0.0%
5+ 12
+100.0%

Summary: The Darwin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Darwin, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Darwin in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Darwin, MN

How long does it take to sell a home in Darwin, MN?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days12 Days-29.4%

Summary: Homes in Darwin had an average of 12 days on market in Oct 2024, down by 29.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Darwin are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Darwin; 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 21 Days Ago

Newest Listings in Darwin, MN

Nearby Markets to Darwin, MN