Is Jasper, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jasper is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Jasper has remained a Seller's Market.

Key Takeaway

Jasper is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jasper, MN

How much do homes in Jasper, MN cost?

Median Sold Price

$190,000

$78/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$56,000(+41.8%)

Key Takeaway

Homes in Jasper have sold for 41.8% more than they did a month ago.

Summary: The median home sold price in Jasper was $190,000 in November 2024, up 41.8% from last month, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $93K-
N/A
3 --
N/A
4 $175K$190K
+8.6%
5+ --
N/A

Summary: Jasper housing prices by bedroom type for November 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 increased by 8.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jasper
+41.8%
Jasper
+41.8%

Housing Supply in Jasper, MN

How many homes are available in Jasper, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
75-28.6%

Summary: The Jasper real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 22
0.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Jasper housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer100%

Key Takeaway

If you're buying a home in Jasper, 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 Jasper in November 2024, down by 50.0% month-over-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 Jasper, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
57 Days178 Days+212.3%

Summary: Homes in Jasper had an average of 178 days on market in Nov 2024, up by 212.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times100%

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Jasper; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 25 Days Ago

Newest Listings in Jasper, MN

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