Is Eyota, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eyota is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Eyota was a Neutral Market.

Key Takeaway

Eyota is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Eyota, MN

How much do homes in Eyota, MN cost?

Median Sold Price

$360,000

$143/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$175,000(-32.7%)

Key Takeaway

Homes in Eyota have sold for 32.7% less than they did a month ago.

Summary: The median home sold price in Eyota was $360,000 in October 2024, down 32.7% from last month, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$60K
N/A
2 --
N/A
3 -$435K
N/A
4 --
N/A
5+ $535K-
N/A

Summary: Eyota housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Eyota
-32.7%
Eyota Township
-32.7%

Housing Supply in Eyota, MN

How many homes are available in Eyota, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
711+57.1%

Summary: The Eyota real estate market had 11 homes for sale in October 2024, a 57.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 34
+33.3%
4 14
+300.0%
5+ 22
0.0%

Summary: The Eyota 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eyota, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Eyota in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Eyota, MN

How long does it take to sell a home in Eyota, MN?

Average Sale Time

Sep 2024Oct 2024CHANGE
11 Days17 Days+54.5%

Summary: Homes in Eyota had an average of 17 days on market in Oct 2024, up by 54.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Eyota are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Eyota; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

Newest Listings in Eyota, MN

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