$2,077 Closing Credit*
$174,900
1,129 SqFt
3 Beds
•1 Full Bath
Listing Office: eXp Realty
Is Kasson, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Kasson has remained a Seller's Market.
Key Takeaway
Kasson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kasson, MN
How much do homes in Kasson, MN cost?
Median Sold Price
$322,500
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,500(+7.5%)
Key Takeaway
Homes in Kasson have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Kasson was $322,500 in November 2024, up 7.5% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | - | N/A |
| 2 Bedrooms | $299.9K | $309K | +3.0% |
| 3 Bedrooms | $265K | $261K | -1.5% |
| 4 Bedrooms | $317.9K | $335K | +5.4% |
| 5+ Bedrooms | $424.6K | $375K | -11.7% |
Summary: Kasson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 11.7%.
Housing Supply in Kasson, MN
How many homes are available in Kasson, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 40 | -11.1% |
Summary: The Kasson real estate market had 40 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 24 | 19 | -20.8% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Kasson 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 increased by 33.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kasson, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Kasson in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Kasson, MN
How long does it take to sell a home in Kasson, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 110 Days | 34 Days | -68.9% |
Summary: Homes in Kasson had an average of 34 days on market in Nov 2024, down by 68.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kasson are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Kasson; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
