Is Grant County, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grant County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Grant County has remained a Seller's Market.

Key Takeaway

Grant County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Grant County, MN

How much do homes in Grant County, MN cost?

Median Sold Price

$185,000

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+12.1%)

Key Takeaway

Homes in Grant County have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in Grant County was $185,000 in November 2024, up 12.1% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $56.7K$145K
+155.5%
2 $115.4K$139.5K
+20.8%
3 $174K$190K
+9.2%
4 $250K$200K
-20.0%
5+ $209.9K$248K
+18.2%

Summary: Grant County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 155.5%, 2 bedroom homes increased by 20.8%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 18.2%.

Median Sold Price Compared To Nearby Counties

Traverse County
+19.6%
Stevens County
+18.9%
Grant County
+12.1%
Douglas County
+4.5%
Otter Tail County
+4.5%

Housing Supply in Grant County, MN

How many homes are available in Grant County, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2926-10.3%

Summary: The Grant County real estate market had 26 homes for sale in November 2024, a 10.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 01
+100.0%
3 1817
-5.6%
4 54
-20.0%
5+ 43
-25.0%

Summary: The Grant County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grant County, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Grant County in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Grant County, MN

How long does it take to sell a home in Grant County, MN?

Average Sale Time

Nov 2023Nov 2024CHANGE
62 Days79 Days+27.1%

Summary: Homes in Grant County had an average of 79 days on market in Nov 2024, up by 27.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Grant County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Grant County; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

Newest Listings in Grant County, MN

Nearby Markets to Grant County, MN

What housing markets are near Grant County, MN?