$772 Closing Credit*
$65,000
2,032 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Realty Professionals
Is Grant County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Grant County was a Seller's Market.
Key Takeaway
Grant County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Grant County, MN
How much do homes in Grant County, MN cost?
Median Sold Price
$180,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$45,100(+33.4%)
Key Takeaway
Homes in Grant County have sold for 33.4% more than they did a year ago.
Summary: The median home sold price in Grant County was $180,000 in September 2024, up 33.4% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $56.7K | $174.5K | +207.5% |
| 2 Bedrooms | $113.9K | $139.5K | +22.5% |
| 3 Bedrooms | $126.6K | $190.9K | +50.7% |
| 4 Bedrooms | $236K | $190K | -19.5% |
| 5+ Bedrooms | $169.9K | $248K | +45.9% |
Summary: Grant County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 207.5%, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 50.7%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes increased by 45.9%.
Median Sold Price Compared To Nearby Counties
| Grant County | $134.9K | $180K | +33.4% |
| Stevens County | $159.9K | $200K | +25.0% |
| Traverse County | $84K | $99.5K | +18.5% |
| Otter Tail County | $250K | $280.6K | +12.3% |
| Douglas County | $310.5K | $339.9K | +9.5% |
Housing Supply in Grant County, MN
How many homes are available in Grant County, MN?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 41 | 31 | -24.4% |
Summary: The Grant County real estate market had 31 homes for sale in September 2024, a 24.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 21 | 15 | -28.6% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Grant County housing inventory by bedroom type for September 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 28.6%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 15 | 5 | -66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grant County, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Grant County in September 2024, down by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 48 Days | 50 Days | +3.9% |
Summary: Homes in Grant County had an average of 50 days on market in Sep 2024, up by 3.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Grant County are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 5 homes were sold in Grant County; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
