$2,077 Closing Credit*
$174,900
1,123 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Worth Clark Realty
Is Dodge Center, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Dodge Center has remained a Seller's Market.
Key Takeaway
Dodge Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dodge Center, MN
How much do homes in Dodge Center, MN cost?
Median Sold Price
$260,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+10.6%)
Key Takeaway
Homes in Dodge Center have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Dodge Center was $260,000 in October 2024, up 10.6% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | - | N/A |
| 2 Bedrooms | $160K | $185K | +15.6% |
| 3 Bedrooms | $232.5K | $260K | +11.8% |
| 4 Bedrooms | $268.5K | $317.5K | +18.2% |
| 5+ Bedrooms | $324.9K | $299.9K | -7.7% |
Summary: Dodge Center 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 increased by 15.6%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 7.7%.
Housing Supply in Dodge Center, MN
How many homes are available in Dodge Center, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Dodge Center real estate market had 16 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Dodge Center housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dodge Center, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Dodge Center in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Dodge Center, MN
How long does it take to sell a home in Dodge Center, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 27 Days | +20.9% |
Summary: Homes in Dodge Center had an average of 27 days on market in Oct 2024, up by 20.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dodge Center are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Dodge Center; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
