$2,553 Closing Credit*
$215,000
1,388 SqFt
3 Beds
•1 Full Bath
Listing Office: Coldwell Banker River Valley, REALTORS
Is Dodge Center, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Dodge Center was a Seller's Market.
Key Takeaway
Dodge Center is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Dodge Center, MN
How much do homes in Dodge Center, MN cost?
Median Sold Price
$301,500
$186/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$48,500(+19.2%)
Key Takeaway
Homes in Dodge Center have sold for 19.2% more than they did a month ago.
Summary: The median home sold price in Dodge Center was $301,500 in November 2024, up 19.2% from last month, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $415K | $373K | -10.1% |
| 3 Bedrooms | $253K | $230K | -9.1% |
| 4 Bedrooms | $158K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Dodge Center 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 decreased by 10.1%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Dodge Center | $253K | $301.5K | +19.2% |
| Wasioja Township | $415K | $385K | -7.2% |
Housing Supply in Dodge Center, MN
How many homes are available in Dodge Center, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Dodge Center real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Dodge Center 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 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Dodge Center, 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 Dodge Center in November 2024, down by 50.0% 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 Dodge Center, MN
How long does it take to sell a home in Dodge Center, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 27 Days | +34.1% |
Summary: Homes in Dodge Center had an average of 27 days on market in Nov 2024, up by 34.1% 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
Key Takeaway
Many homes in Dodge Center are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Dodge Center; 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.
