$1,781 Closing Credit*
$150,000
928 SqFt
2 Beds
•1 Full Bath
Listing Office: Juve Real Estate
Is Fosston, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fosston was a Buyer's Market.
Key Takeaway
Fosston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fosston, MN
How much do homes in Fosston, MN cost?
Median Sold Price
$227,500
$91/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$92,500(+68.5%)
Key Takeaway
Homes in Fosston have sold for 68.5% more than they did a month ago.
Summary: The median home sold price in Fosston was $227,500 in November 2024, up 68.5% from last month, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $135K | $310K | +129.6% |
| 4 Bedrooms | - | $145K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Fosston 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 increased by 129.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Fosston, MN
How many homes are available in Fosston, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Fosston real estate market had 11 homes for sale in November 2024, a 8.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fosston housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 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 Fosston, 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 Fosston in November 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 Fosston, MN
How long does it take to sell a home in Fosston, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 64 Days | +330.0% |
Summary: Homes in Fosston had an average of 64 days on market in Nov 2024, up by 330% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fosston has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Fosston; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
