$3,919 Closing Credit*
$330,000
1,451 SqFt
3 Beds
•1 Full Bath
Listing Office: Edina Realty, Inc.
Is Le Sueur, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Le Sueur has remained a Seller's Market.
Key Takeaway
Le Sueur is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Le Sueur, MN
How much do homes in Le Sueur, MN cost?
Median Sold Price
$278,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,100(+3.0%)
Key Takeaway
Homes in Le Sueur have sold for 3% more than they did a year ago.
Summary: The median home sold price in Le Sueur was $278,000 in October 2024, up 3% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82K | - | N/A |
| 2 Bedrooms | $153K | $213.5K | +39.5% |
| 3 Bedrooms | $259.9K | $265K | +2.0% |
| 4 Bedrooms | $299.9K | $310K | +3.4% |
| 5+ Bedrooms | $275K | $375K | +36.4% |
Summary: Le Sueur housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 39.5%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 36.4%.
Median Sold Price Compared To Nearby Cities
| Le Sueur | $269.9K | $278K | +3.0% |
| Henderson Township | $298.6K | $245K | -18.0% |
Housing Supply in Le Sueur, MN
How many homes are available in Le Sueur, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The Le Sueur real estate market had 19 homes for sale in October 2024, a 5.0% 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 | 13 | 14 | +7.7% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Le Sueur 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 increased by 7.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Le Sueur, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Le Sueur in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Le Sueur, MN
How long does it take to sell a home in Le Sueur, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 50 Days | -0.8% |
Summary: Homes in Le Sueur had an average of 50 days on market in Oct 2024, down by 0.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Le Sueur are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Le Sueur; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
