$119,900
Land
Listing Office: Coldwell Banker Crown Realtors
Is Laporte, 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, Laporte was a Seller's Market.
Key Takeaway
Laporte is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Laporte, MN
How much do homes in Laporte, MN cost?
Median Sold Price
$287,750
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,750(-5.2%)
Key Takeaway
Homes in Laporte have sold for 5.2% less than they did a year ago.
Summary: The median home sold price in Laporte was $287,750 in October 2024, down 5.2% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $225K | -2.2% |
| 2 Bedrooms | $230K | $225K | -2.2% |
| 3 Bedrooms | $280K | $300.2K | +7.2% |
| 4 Bedrooms | $462.4K | $305K | -34.0% |
| 5+ Bedrooms | $465K | $318K | -31.6% |
Summary: Laporte housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes decreased by 31.6%.
Housing Supply in Laporte, MN
How many homes are available in Laporte, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Summary: The Laporte real estate market had 17 homes for sale in October 2024, a 10.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Laporte housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Laporte, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Laporte in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Laporte, MN
How long does it take to sell a home in Laporte, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 21 Days | -54.0% |
Summary: Homes in Laporte had an average of 21 days on market in Oct 2024, down by 54% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Laporte are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Laporte; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
