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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dassel is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Dassel has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Dassel, MN

How much do homes in Dassel, MN cost?

Median Sold Price

$479,000

$190/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$240,000(+100.4%)

Key Takeaway

Homes in Dassel have sold for 100.4% more than they did a month ago.

Summary: The median home sold price in Dassel was $479,000 in October 2024, up 100.4% from last month, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $404K$245K
-39.4%
3 $225K$479K
+112.9%
4 $239K$700K
+192.9%
5+ -$575K
N/A

Summary: Dassel housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 39.4%, 3 bedroom homes increased by 112.9%, 4 bedroom homes increased by 192.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Dassel
+100.4%
Dassel Township
+100.4%

Housing Supply in Dassel, MN

How many homes are available in Dassel, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2017-15.0%

Summary: The Dassel real estate market had 17 homes for sale in October 2024, a 15.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 86
-25.0%
4 54
-20.0%
5+ 22
0.0%

Summary: The Dassel 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 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dassel, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Dassel in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Dassel, MN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
57 Days30 Days-46.7%

Summary: Homes in Dassel had an average of 30 days on market in Oct 2024, down by 46.7% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dassel are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in Dassel; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 20 Days Ago

Newest Listings in Dassel, MN

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