$2,793 Closing Credit*
$235,200
1,656 SqFt
4 Beds
•2 Full Baths
Listing Office: National Realty Guild
Is Hawthorne, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hawthorne was a Seller's Market.
Key Takeaway
Hawthorne is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hawthorne, MN
How much do homes in Hawthorne, MN cost?
Median Sold Price
$237,500
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,500(+13.1%)
Key Takeaway
Homes in Hawthorne have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Hawthorne was $237,500 in October 2024, up 13.1% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $164.9K | N/A |
| 2 Bedrooms | $160K | $165K | +3.1% |
| 3 Bedrooms | $207.5K | $222K | +7.0% |
| 4 Bedrooms | $235K | $271K | +15.3% |
| 5+ Bedrooms | $279.9K | $240K | -14.3% |
Summary: Hawthorne housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes decreased by 14.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Hawthorne | $210K | $237.5K | +13.1% |
| Highland Park | $245K | $215K | -12.2% |
Housing Supply in Hawthorne, MN
How many homes are available in Hawthorne, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 21 | +31.3% |
Summary: The Hawthorne real estate market had 21 homes for sale in October 2024, a 31.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 4 | 9 | +125.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Hawthorne housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 125%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hawthorne, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Hawthorne in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Hawthorne, MN
How long does it take to sell a home in Hawthorne, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 45 Days | +115.6% |
Summary: Homes in Hawthorne had an average of 45 days on market in Oct 2024, up by 115.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hawthorne has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Hawthorne; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
