$7,707 Closing Credit*
$649,000
1,638 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Realty Executives Associates
Is Fulton, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Fulton has remained a Seller's Market.
Key Takeaway
Fulton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fulton, MN
How much do homes in Fulton, MN cost?
Median Sold Price
$565,000
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+0.9%)
Key Takeaway
Homes in Fulton have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Fulton was $565,000 in October 2024, up 0.9% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $399.9K | $407.5K | +1.9% |
| 3 Bedrooms | $523.5K | $490K | -6.4% |
| 4 Bedrooms | $752K | $703K | -6.5% |
| 5+ Bedrooms | $1.0M | $1.0M | -0.2% |
Summary: Fulton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Fulton | $560K | $565K | +0.9% |
| Hawthorne Park | $625K | $599K | -4.2% |
Housing Supply in Fulton, MN
How many homes are available in Fulton, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 46 | +31.4% |
Summary: The Fulton real estate market had 46 homes for sale in October 2024, a 31.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 18 | 23 | +27.8% |
| 4 Bedrooms | 12 | 16 | +33.3% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Fulton 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 27.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fulton, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Fulton in October 2024, up by 37.5% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.
Days on Market for Fulton, MN
How long does it take to sell a home in Fulton, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 37 Days | +103.1% |
Summary: Homes in Fulton had an average of 37 days on market in Oct 2024, up by 103.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fulton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Fulton; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
