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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Finland is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Finland has remained a Buyer's Market.

Key Takeaway

Finland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Finland, MN

How much do homes in Finland, MN cost?

Median Sold Price

$250,000

$308/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$35,000(+16.3%)

Key Takeaway

Homes in Finland have sold for 16.3% more than they did a month ago.

Summary: The median home sold price in Finland was $250,000 in November 2024, up 16.3% from last month, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $215K-
N/A
2 -$250K
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Finland housing prices by bedroom type for November 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

Crystal Bay Township
+62.3%
Finland
+16.3%

Housing Supply in Finland, MN

How many homes are available in Finland, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
109-10.0%

Summary: The Finland real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 33
0.0%
3 33
0.0%
4 00
0.0%
5+ 22
0.0%

Summary: The Finland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Finland, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Finland in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Finland, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
7 Days8 Days+14.3%

Summary: Homes in Finland had an average of 8 days on market in Nov 2024, up by 14.3% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Finland; 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.

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

Report Updated 21 Days Ago

Newest Listings in Finland, MN

Nearby Markets to Finland, MN

What housing markets are near Finland, MN?