Is Houston County, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Houston County is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Houston County was a Seller's Market.

Key Takeaway

Houston County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Houston County, MN

How much do homes in Houston County, MN cost?

Median Sold Price

$316,666

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$63,166(+24.9%)

Key Takeaway

Homes in Houston County have sold for 24.9% more than they did a year ago.

Summary: The median home sold price in Houston County was $316,666 in September 2024, up 24.9% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $78K$262K
+235.9%
2 $157.4K$226.2K
+43.7%
3 $242K$290K
+19.8%
4 $280K$402.7K
+43.8%
5+ $492.5K$399.9K
-18.8%

Summary: Houston County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 235.9%, 2 bedroom homes increased by 43.7%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 43.8%, and 5+ bedroom homes decreased by 18.8%.

Median Sold Price Compared To Nearby Counties

Houston County
+24.9%
Winona County
+13.2%
La Crosse County
+9.6%

Housing Supply in Houston County, MN

How many homes are available in Houston County, MN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7870-10.3%

Summary: The Houston County real estate market had 70 homes for sale in September 2024, a 10.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 1411
-21.4%
3 3429
-14.7%
4 1922
+15.8%
5+ 107
-30.0%

Summary: The Houston County 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 decreased by 21.4%, 3 bedroom homes decreased by 14.7%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
239-60.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Houston County, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Houston County in September 2024, down by 60.9% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.

Days on Market for Houston County, MN

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

Average Sale Time

Sep 2023Sep 2024CHANGE
44 Days17 Days-60.7%

Summary: Homes in Houston County had an average of 17 days on market in Sep 2024, down by 60.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 9 homes were sold in Houston County; 44% of homes were sold within 30 days, 11% 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 30 Days Ago

Newest Listings in Houston County, MN

Nearby Markets to Houston County, MN

What housing markets are near Houston County, MN?