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

Carpenter Township
+51.9%
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 23 Days Ago

Newest Listings in Effie, MN

Nearby Markets to Effie, MN