$70,000
1,632 SqFt
4 Beds
•1 Full Bath
Listing Office: Counselor Realty Inc of Alex
September 2024
Report Updated Sep 1, 2024
Is Herman, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Herman has remained a Seller's Market.
How much do homes in Herman, MN cost?
$67,500
$90/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
Summary: The median home sold price in Herman was $67,500 in September 2024, down 72.7% from last month, and the median price per square foot was $90.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $67.5K | N/A |
3 Bedrooms | $133.6K | - | N/A |
4 Bedrooms | $360K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Herman housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
How many homes are available in Herman, MN?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Summary: The Herman real estate market had 4 homes for sale in September 2024, a 33.3% decrease compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Herman 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 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Herman in September 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.
How long does it take to sell a home in Herman, MN?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
50 Days | 30 Days | -40.6% |
Summary: Homes in Herman had an average of 30 days on market in Sep 2024, down by 40.6% compared to last month.
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During September 2024, 1 homes were sold in Herman; 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.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated Sep 1, 2024
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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 08/01/2024 - 10/01/2024
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Last updated on: 10/31/2024, 11:22:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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