Is Le Sueur, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Le Sueur is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Le Sueur was a Seller's Market.

Key Takeaway

Le Sueur is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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 November 2023

+$3,000(+1.1%)

Key Takeaway

Homes in Le Sueur have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Le Sueur was $278,000 in November 2024, up 1.1% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $218K$207K
-5.0%
3 $264.9K$265K
0.0%
4 $310K$355.2K
+14.6%
5+ $275K$375K
+36.4%

Summary: Le Sueur 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 decreased by 5%, 3 bedroom homes did not change, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 36.4%.

Housing Supply in Le Sueur, MN

How many homes are available in Le Sueur, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
18180.0%

Summary: The Le Sueur real estate market had 18 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1314
+7.7%
4 42
-50.0%
5+ 00
0.0%

Summary: The Le Sueur 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 100%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Le Sueur, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Le Sueur in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
22 Days4 Days-80.2%

Summary: Homes in Le Sueur had an average of 4 days on market in Nov 2024, down by 80.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Le Sueur are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Le Sueur; 100% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Le Sueur, MN

Nearby Markets to Le Sueur, MN