$3,443 Closing Credit*
$289,900
1,232 SqFt
3 Beds
•1 Full Bath
Listing Office: Ben Olsen Realty LLC
Is Goodhue County, 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, Goodhue County has remained a Seller's Market.
Key Takeaway
Goodhue County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Goodhue County, MN
How much do homes in Goodhue County, MN cost?
Median Sold Price
$304,050
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,050(+8.6%)
Key Takeaway
Homes in Goodhue County have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Goodhue County was $304,050 in October 2024, up 8.6% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $193.2K | +33.3% |
| 2 Bedrooms | $240K | $275.9K | +15.0% |
| 3 Bedrooms | $253.7K | $278K | +9.6% |
| 4 Bedrooms | $337K | $370K | +9.8% |
| 5+ Bedrooms | $425K | $392.5K | -7.6% |
Summary: Goodhue County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Counties
| Dodge County | $270K | $305K | +13.0% |
| Goodhue County | $280K | $304K | +8.6% |
| Dakota County | $375K | $389.9K | +4.0% |
| Wabasha County | $275K | $280K | +1.8% |
| Pierce County | $350.5K | $352K | 0.4% |
Housing Supply in Goodhue County, MN
How many homes are available in Goodhue County, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 201 | 210 | +4.5% |
Summary: The Goodhue County real estate market had 210 homes for sale in October 2024, a 4.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 49 | 45 | -8.2% |
| 3 Bedrooms | 72 | 80 | +11.1% |
| 4 Bedrooms | 64 | 69 | +7.8% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Goodhue County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 42 | -6.7% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Goodhue County, you may be able to get a good deal. 54.8% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in Goodhue County in October 2024, down by 6.7% month-over-month. Of the 42 sold homes, 55% were sold under asking, 17% were sold at asking, and 29% were sold over asking.
Days on Market for Goodhue County, MN
How long does it take to sell a home in Goodhue County, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 54 Days | +46.9% |
Summary: Homes in Goodhue County had an average of 54 days on market in Oct 2024, up by 46.9% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Goodhue County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 42 homes were sold in Goodhue County; 45% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
