$1,970 Closing Credit*
$165,900
400 SqFt
1 Bed
•1 Bath
Listing Office: North Pine Realty
Is Finlayson, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Finlayson has remained a Buyer's Market.
Key Takeaway
Finlayson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Finlayson, MN
How much do homes in Finlayson, MN cost?
Median Sold Price
$465,000
$200/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$85,000(+22.4%)
Key Takeaway
Homes in Finlayson have sold for 22.4% more than they did a month ago.
Summary: The median home sold price in Finlayson was $465,000 in October 2024, up 22.4% from last month, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $380K | $675K | +77.6% |
| 4 Bedrooms | - | $255K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Finlayson 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 increased by 77.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Finlayson | $380K | $465K | +22.4% |
| Finlayson Township | $380K | $465K | +22.4% |
Housing Supply in Finlayson, MN
How many homes are available in Finlayson, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Summary: The Finlayson real estate market had 15 homes for sale in October 2024, a 15.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Finlayson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Finlayson, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Finlayson in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Finlayson, MN
How long does it take to sell a home in Finlayson, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 115 Days | +228.6% |
Summary: Homes in Finlayson had an average of 115 days on market in Oct 2024, up by 228.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Finlayson has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Finlayson; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
