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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glyndon is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Glyndon was a Seller's Market.

Key Takeaway

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

Housing Prices in Glyndon, MN

How much do homes in Glyndon, MN cost?

Median Sold Price

$279,900

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$90,100(-24.4%)

Key Takeaway

Homes in Glyndon have sold for 24.4% less than they did a year ago.

Summary: The median home sold price in Glyndon was $279,900 in October 2024, down 24.4% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$312.5K
N/A
2 $222.4K$206.5K
-7.2%
3 $287K$321K
+11.8%
4 $369.9K$280K
-24.3%
5+ $562.5K$262.4K
-53.3%

Summary: Glyndon 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 decreased by 7.2%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes decreased by 53.3%.

Median Sold Price Compared To Nearby Cities

Glyndon Township
-23.0%
Glyndon
-24.4%

Housing Supply in Glyndon, MN

How many homes are available in Glyndon, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3935-10.3%

Summary: The Glyndon real estate market had 35 homes for sale in October 2024, a 10.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1011
+10.0%
4 1615
-6.3%
5+ 128
-33.3%

Summary: The Glyndon 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 10%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
141-92.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glyndon, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Glyndon in October 2024, down by 92.9% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Glyndon, MN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in Glyndon, MN

Nearby Markets to Glyndon, MN