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

# BEDSOct 2023Oct 2024CHANGE
1 $156K-
N/A
2 $129K$179K
+38.8%
3 $237.4K$252.4K
+6.3%
4 $239.9K$1.6M
+608.2%
5+ -$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
+28.1%
Effie
+28.1%
Bigfork Township
-22.5%

Housing Supply in Effie, MN

How many homes are available in Effie, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+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

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 11
0.0%
4 11
0.0%
5+ 11
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 2023Oct 2024CHANGE
101 Days79 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Effie, MN

Nearby Markets to Effie, MN