$10,000 Closing Credit*
$925,000
2,016 SqFt
3 Beds
•1 Full Bath
Listing Office: Wolff & Simon Real Estate
Is Hubbard County, 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, Hubbard County was a Seller's Market.
Key Takeaway
Hubbard County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hubbard County, MN
How much do homes in Hubbard County, MN cost?
Median Sold Price
$307,500
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,500(+6.0%)
Key Takeaway
Homes in Hubbard County have sold for 6% more than they did a year ago.
Summary: The median home sold price in Hubbard County was $307,500 in October 2024, up 6% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $235K | +27.0% |
| 2 Bedrooms | $235K | $258K | +9.8% |
| 3 Bedrooms | $311K | $306K | -1.6% |
| 4 Bedrooms | $459.9K | $340K | -26.1% |
| 5+ Bedrooms | $430K | $381K | -11.4% |
Summary: Hubbard County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27%, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 26.1%, and 5+ bedroom homes decreased by 11.4%.
Median Sold Price Compared To Nearby Counties
| Becker County | $326.5K | $350K | +7.2% |
| Wadena County | $185K | $197.6K | +6.8% |
| Hubbard County | $290K | $307.5K | +6.0% |
| Cass County | $325K | $324.8K | -0.1% |
| Clearwater County | $199.9K | $190K | -5.0% |
Housing Supply in Hubbard County, MN
How many homes are available in Hubbard County, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 142 | 127 | -10.6% |
Summary: The Hubbard County real estate market had 127 homes for sale in October 2024, a 10.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 10 | -9.1% |
| 2 Bedrooms | 29 | 22 | -24.1% |
| 3 Bedrooms | 69 | 62 | -10.1% |
| 4 Bedrooms | 28 | 28 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Hubbard County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 24.1%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 16 | -54.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hubbard County, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Hubbard County in October 2024, down by 54.3% month-over-month. Of the 16 sold homes, 56% were sold under asking, 19% were sold at asking, and 25% were sold over asking.
Days on Market for Hubbard County, MN
How long does it take to sell a home in Hubbard County, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 37 Days | -13.5% |
Summary: Homes in Hubbard County had an average of 37 days on market in Oct 2024, down by 13.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hubbard County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Hubbard County; 56% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
