$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 November 2023
At the same time last year, Laporte was a Buyer's Market.
Key Takeaway
Laporte is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Laporte, MN
How much do homes in Laporte, MN cost?
Median Sold Price
$293,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$36,900(-11.2%)
Key Takeaway
Homes in Laporte have sold for 11.2% less than they did a year ago.
Summary: The median home sold price in Laporte was $293,000 in November 2024, down 11.2% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $225K | -2.2% |
| 2 Bedrooms | $230K | $225K | -2.2% |
| 3 Bedrooms | $372K | $308.7K | -17.0% |
| 4 Bedrooms | $462.4K | $295K | -36.2% |
| 5+ Bedrooms | $465K | $318K | -31.6% |
Summary: Laporte housing prices by bedroom type for November 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 decreased by 17%, 4 bedroom homes decreased by 36.2%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The Laporte real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Laporte housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Laporte, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Laporte in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% 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?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Laporte are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Laporte; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
