$6,768 Closing Credit*
$569,900
2,022 SqFt
4 Beds
•2 Full Baths
Listing Office: Lakes Sotheby's International Realty
Is Fulton, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$574,900
$304/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,900(+1.8%)
Key Takeaway
Homes in Fulton have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Fulton was $574,900 in November 2024, up 1.8% from last year, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $420K | $406.2K | -3.3% |
| 3 Bedrooms | $525K | $495K | -5.7% |
| 4 Bedrooms | $718.5K | $710K | -1.2% |
| 5+ Bedrooms | $1.0M | $900K | -15.9% |
Summary: Fulton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 15.9%.
Housing Supply in Fulton, MN
How many homes are available in Fulton, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 37 | -5.1% |
Summary: The Fulton real estate market had 37 homes for sale in November 2024, a 5.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 20 | 15 | -25.0% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Fulton 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 increased by 75%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fulton, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Fulton in November 2024, up by 27.3% month-over-month. Of the 14 sold homes, 64% were sold under asking, 7% were sold at asking, and 29% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 19 Days | -60.8% |
Summary: Homes in Fulton had an average of 19 days on market in Nov 2024, down by 60.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fulton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Fulton; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
