$831 Closing Credit*
$70,000
975 SqFt
2 Beds
•1 Full Bath
Listing Office: RE/MAX Advantage Plus
Housing Prices in Effie, MN
How much do homes in Effie, MN cost?
Median List Price
$199,900
$166/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$43,900(+28.1%)
Key Takeaway
The list price of homes in Effie has increased by 28.1% since last year.
Summary: The median home list price in Effie was $199,900 in October 2024, up 28.1% from the previous year, and the median price per square foot was $166.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156K | - | N/A |
| 2 Bedrooms | $129K | $179K | +38.8% |
| 3 Bedrooms | $237.4K | $252.4K | +6.3% |
| 4 Bedrooms | $239.9K | $1.6M | +608.2% |
| 5+ Bedrooms | - | $309.9K | N/A |
Summary: Effie 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 38.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 608.2%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Effie | $156K | $199.9K | +28.1% |
| Effie | $156K | $199.9K | +28.1% |
| Bigfork Township | $322.4K | $249.9K | -22.5% |
Housing Supply in Effie, MN
How many homes are available in Effie, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The Effie real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Effie 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Effie, MN
How long does it take to sell a home in Effie, MN?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 101 Days | 79 Days | -21.5% |
Summary: Homes in Effie had an average listing age of 79 days in Oct 2024, down by 21.5% compared to the previous year.
