Is Halsted Bay, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Halsted Bay is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Halsted Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Halsted Bay, MN

How much do homes in Halsted Bay, MN cost?

Median Sold Price

$687,940

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,465(+2.1%)

Key Takeaway

Homes in Halsted Bay have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Halsted Bay was $687,940 in November 2024, up 2.1% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $847K$510.9K
-39.7%
3 $527.9K$589.5K
+11.7%
4 $1.0M$748.7K
-26.6%
5+ $1.3M$1.4M
+8.5%

Summary: Halsted Bay 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 decreased by 39.7%, 3 bedroom homes increased by 11.7%, 4 bedroom homes decreased by 26.6%, and 5+ bedroom homes increased by 8.5%.

Housing Supply in Halsted Bay, MN

How many homes are available in Halsted Bay, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4451+15.9%

Summary: The Halsted Bay real estate market had 51 homes for sale in November 2024, a 15.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2327
+17.4%
4 810
+25.0%
5+ 1113
+18.2%

Summary: The Halsted Bay 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 50%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 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 Halsted Bay, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Halsted Bay in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Halsted Bay, MN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days41 Days+68.3%

Summary: Homes in Halsted Bay had an average of 41 days on market in Nov 2024, up by 68.3% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Halsted Bay; 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.

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 Halsted Bay, MN

Nearby Markets to Halsted Bay, MN