$2,196 Closing Credit*
$184,900
1,293 SqFt
3 Beds
•1 Full Bath
Listing Office: Realty ONE Group Black Diamond
Is Grand Meadow, 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, Grand Meadow has remained a Seller's Market.
Key Takeaway
Grand Meadow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grand Meadow, MN
How much do homes in Grand Meadow, MN cost?
Median Sold Price
$246,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$61,500(+33.2%)
Key Takeaway
Homes in Grand Meadow have sold for 33.2% more than they did a year ago.
Summary: The median home sold price in Grand Meadow was $246,500 in November 2024, up 33.2% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $144.9K | $191K | +31.8% |
| 3 Bedrooms | $187K | $307.9K | +64.7% |
| 4 Bedrooms | $222.3K | $360K | +61.9% |
| 5+ Bedrooms | $252.4K | $479K | +89.8% |
Summary: Grand Meadow 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 increased by 31.8%, 3 bedroom homes increased by 64.7%, 4 bedroom homes increased by 61.9%, and 5+ bedroom homes increased by 89.8%.
Median Sold Price Compared To Nearby Cities
| Grand Meadow | $185K | $246.5K | +33.2% |
| Grand Meadow Township | $185K | $246.5K | +33.2% |
Housing Supply in Grand Meadow, MN
How many homes are available in Grand Meadow, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Grand Meadow real estate market had 4 homes for sale in November 2024, a 33.3% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Grand Meadow 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 decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grand Meadow, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Grand Meadow in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Grand Meadow, MN
How long does it take to sell a home in Grand Meadow, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 76 Days | +310.8% |
Summary: Homes in Grand Meadow had an average of 76 days on market in Nov 2024, up by 310.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Grand Meadow are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Grand Meadow; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
