$2,078 Closing Credit*
$175,000
1,600 SqFt
3 Beds
•1 Full Bath
Listing Office: RE/MAX Advantage Plus
Is Le Sueur County, 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, Le Sueur County was a Seller's Market.
Key Takeaway
Le Sueur County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Le Sueur County, MN
How much do homes in Le Sueur County, MN cost?
Median Sold Price
$284,900
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,350(-3.2%)
Key Takeaway
Homes in Le Sueur County have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Le Sueur County was $284,900 in November 2024, down 3.2% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68.7K | $303K | +341.0% |
| 2 Bedrooms | $280K | $220K | -21.4% |
| 3 Bedrooms | $280K | $278K | -0.7% |
| 4 Bedrooms | $320K | $375.5K | +17.3% |
| 5+ Bedrooms | $450K | $395.5K | -12.1% |
Summary: Le Sueur County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 341%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes decreased by 12.1%.
Median Sold Price Compared To Nearby Counties
| Rice County | $325.2K | $335K | +3.0% |
| Sibley County | $220K | $225K | +2.3% |
| Scott County | $408.7K | $414.1K | +1.3% |
| Waseca County | $237.5K | $234.5K | -1.3% |
| Le Sueur County | $294.2K | $284.9K | -3.2% |
Housing Supply in Le Sueur County, MN
How many homes are available in Le Sueur County, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 | 101 | -2.9% |
Summary: The Le Sueur County real estate market had 101 homes for sale in November 2024, a 2.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 63 | 62 | -1.6% |
| 4 Bedrooms | 23 | 22 | -4.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Le Sueur County 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 decreased by 6.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Le Sueur County, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Le Sueur County in November 2024, down by 31.6% month-over-month. Of the 13 sold homes, 38% were sold under asking, 46% were sold at asking, and 15% were sold over asking.
Days on Market for Le Sueur County, MN
How long does it take to sell a home in Le Sueur County, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 32 Days | -36.6% |
Summary: Homes in Le Sueur County had an average of 32 days on market in Nov 2024, down by 36.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Le Sueur County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Le Sueur County; 69% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
