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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hartkopf is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Hartkopf, MN

How much do homes in Hartkopf, MN cost?

Median Sold Price

$271,075

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,125(+0.4%)

Key Takeaway

The sold price of homes in Hartkopf has remained the same since last year.

Summary: The median home sold price in Hartkopf was $271,075 in October 2024, up 0.4% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $68.5K$62.5K
-8.8%
2 $159K$75.2K
-52.7%
3 $286.2K$280.8K
-1.9%
4 $325K$321K
-1.2%
5+ $338.5K$340K
0.4%

Summary: Hartkopf housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes decreased by 52.7%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 0.4%.

Median Sold Price Compared To Nearby Neighborhoods

Village Creek
+7.3%
Park Center
+1.6%
Hartkopf
0.4%
Shingle Creek
-0.1%

Housing Supply in Hartkopf, MN

How many homes are available in Hartkopf, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2826-7.1%

Summary: The Hartkopf real estate market had 26 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 85
-37.5%
3 1011
+10.0%
4 55
0.0%
5+ 12
+100.0%

Summary: The Hartkopf housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 37.5%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hartkopf, 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 Hartkopf in October 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Hartkopf, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days63 Days+19.6%

Summary: Homes in Hartkopf had an average of 63 days on market in Oct 2024, up by 19.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Hartkopf; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 4 Days Ago

Newest Listings in Hartkopf, MN

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