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 Last Month

Since last month, 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

$367,500

$266/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$27,500(+8.1%)

Key Takeaway

Homes in Darwin have sold for 8.1% more than they did a month ago.

Summary: The median home sold price in Darwin was $367,500 in November 2024, up 8.1% from last month, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$367.5K
N/A
4 $340K-
N/A
5+ --
N/A

Summary: Darwin housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Darwin
+8.1%
Darwin Township
+8.1%

Housing Supply in Darwin, MN

How many homes are available in Darwin, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
45+25.0%

Summary: The Darwin real estate market had 5 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 10
-100.0%
5+ 22
0.0%

Summary: The Darwin 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 remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Darwin in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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 2024Nov 2024CHANGE
12 Days41 Days+241.7%

Summary: Homes in Darwin had an average of 41 days on market in Nov 2024, up by 241.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was 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 November 2024, 2 homes were sold in Darwin; 50% of homes were sold within 30 days, 50% 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 22 Days Ago

Newest Listings in Darwin, MN

Nearby Markets to Darwin, MN