$5,878 Closing Credit*
$495,000
4,800 SqFt
1 Bed
•1 Full Bath
Listing Office: Larson Group Real Estate/Kelle
Is Emily, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Emily has remained a Seller's Market.
Key Takeaway
Emily is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Emily, MN
How much do homes in Emily, MN cost?
Median Sold Price
$400,500
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$38,000(+10.5%)
Key Takeaway
Homes in Emily have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Emily was $400,500 in December 2024, up 10.5% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $482.5K | - | N/A |
| 2 Bedrooms | $285K | $407.5K | +43.0% |
| 3 Bedrooms | $363K | $401K | +10.5% |
| 4 Bedrooms | $595K | $370K | -37.8% |
| 5+ Bedrooms | $362K | $630.5K | +74.2% |
Summary: Emily housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 43%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 37.8%, and 5+ bedroom homes increased by 74.2%.
Housing Supply in Emily, MN
How many homes are available in Emily, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Emily real estate market had 5 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Emily housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Emily, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Emily in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Emily, MN
How long does it take to sell a home in Emily, MN?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 53 Days | 3 Days | -94.3% |
Summary: Homes in Emily had an average of 3 days on market in Dec 2024, down by 94.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Emily are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Emily; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
