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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Halstad is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Halstad 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 Halstad, MN

How much do homes in Halstad, MN cost?

Median Sold Price

$150,000

$80/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$30,000(-16.7%)

Key Takeaway

Homes in Halstad have sold for 16.7% less than they did a year ago.

Summary: The median home sold price in Halstad was $150,000 in November 2024, down 16.7% from last year, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $156.1K$185K
+18.5%
3 $158.5K$140K
-11.7%
4 $208K$158K
-24.0%
5+ --
N/A

Summary: Halstad 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 18.5%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Halstad
-16.7%
Halstad Township
-16.7%

Housing Supply in Halstad, MN

How many homes are available in Halstad, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
107-30.0%

Summary: The Halstad real estate market had 7 homes for sale in November 2024, a 30.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 42
-50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Halstad 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 20%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

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 Halstad, 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 Halstad in November 2024, down by 50.0% 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 Halstad, MN

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Halstad; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Halstad, MN

Nearby Markets to Halstad, MN