$6,531 Closing Credit*
$550,000
1,501 SqFt
3 Beds
•2 Full Baths
#1896239, Angie Wilson, Listing Office: Gerrard-Hoeschler, REALTORS
Is Hokah, 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, Hokah has remained a Seller's Market.
Key Takeaway
Hokah is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hokah, MN
How much do homes in Hokah, MN cost?
Median Sold Price
$65,000
$88/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$134,900(-67.5%)
Key Takeaway
Homes in Hokah have sold for 67.5% less than they did a month ago.
Summary: The median home sold price in Hokah was $65,000 in October 2024, down 67.5% from last month, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $65K | N/A |
| 2 Bedrooms | $199.9K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Hokah housing prices by bedroom type for October 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.
Median Sold Price Compared To Nearby Cities
| Hokah | $199.9K | $65K | -67.5% |
| Hokah Township | $199.9K | $65K | -67.5% |
Housing Supply in Hokah, MN
How many homes are available in Hokah, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Summary: The Hokah real estate market had 4 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hokah 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hokah, 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 Hokah in October 2024, the same as the previous 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 Hokah, MN
How long does it take to sell a home in Hokah, 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
Key Takeaway
Many homes in Hokah are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Hokah; 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.