$1,300,000
Land
Listing Office: Whitetail Properties Real
Is Houston, 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, Houston was a Seller's Market.
Key Takeaway
Houston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Houston, MN
How much do homes in Houston, MN cost?
Median Sold Price
$217,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$111,450(-33.9%)
Key Takeaway
Homes in Houston have sold for 33.9% less than they did a year ago.
Summary: The median home sold price in Houston was $217,000 in October 2024, down 33.9% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | - | N/A |
| 2 Bedrooms | $301.7K | $128.5K | -57.4% |
| 3 Bedrooms | $340K | $216K | -36.5% |
| 4 Bedrooms | $344.4K | $295K | -14.4% |
| 5+ Bedrooms | $590K | $534.9K | -9.3% |
Summary: Houston 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 decreased by 57.4%, 3 bedroom homes decreased by 36.5%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes decreased by 9.3%.
Median Sold Price Compared To Nearby Cities
| Houston | $328.4K | $217K | -33.9% |
| Houston Township | $329.9K | $217K | -34.2% |
Housing Supply in Houston, MN
How many homes are available in Houston, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Houston real estate market had 8 homes for sale in October 2024, a 11.1% decrease 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Houston 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Houston, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Houston in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Houston, MN
How long does it take to sell a home in Houston, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 99 Days | 10 Days | -89.9% |
Summary: Homes in Houston had an average of 10 days on market in Oct 2024, down by 89.9% compared to last year.
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 Houston are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Houston; 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.
