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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hubbard County is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Hubbard County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hubbard County, MN

How much do homes in Hubbard County, MN cost?

Median Sold Price

$306,500

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,833(+3.0%)

Key Takeaway

Homes in Hubbard County have sold for 3% more than they did a year ago.

Summary: The median home sold price in Hubbard County was $306,500 in November 2024, up 3% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $200K$245K
+22.5%
2 $233.7K$266.5K
+14.0%
3 $329K$302.5K
-8.1%
4 $459.9K$329.5K
-28.4%
5+ $410K$421.4K
+2.8%

Summary: Hubbard County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.5%, 2 bedroom homes increased by 14%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 28.4%, and 5+ bedroom homes increased by 2.8%.

Median Sold Price Compared To Nearby Counties

Becker County
+12.5%
Wadena County
+8.1%
Clearwater County
+5.6%
Hubbard County
+3.0%
Cass County
0.2%

Housing Supply in Hubbard County, MN

How many homes are available in Hubbard County, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
112105-6.3%

Summary: The Hubbard County real estate market had 105 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 911
+22.2%
2 1919
0.0%
3 5953
-10.2%
4 2118
-14.3%
5+ 44
0.0%

Summary: The Hubbard County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1817-5.6%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hubbard County, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Hubbard County in November 2024, down by 5.6% month-over-month. Of the 17 sold homes, 65% were sold under asking, 29% were sold at asking, and 6% 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

Nov 2023Nov 2024CHANGE
36 Days129 Days+251.5%

Summary: Homes in Hubbard County had an average of 129 days on market in Nov 2024, up by 251.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Hubbard County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 17 homes were sold in Hubbard County; 0% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 65% 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 17 Days Ago

Newest Listings in Hubbard County, MN

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