Is Littlefork, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Littlefork is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Littlefork was a Neutral Market.

Key Takeaway

Littlefork is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Littlefork, MN

How much do homes in Littlefork, MN cost?

Median Sold Price

$137,000

$133/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$63,000(-31.5%)

Key Takeaway

Homes in Littlefork have sold for 31.5% less than they did a month ago.

Summary: The median home sold price in Littlefork was $137,000 in October 2024, down 31.5% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$259K
N/A
2 $200K-
N/A
3 -$15K
N/A
4 --
N/A
5+ --
N/A

Summary: Littlefork housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Littlefork, MN

How many homes are available in Littlefork, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The Littlefork real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 21
-50.0%
3 22
0.0%
4 01
+100.0%
5+ 00
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Littlefork, 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 Littlefork in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Littlefork, MN

How long does it take to sell a home in Littlefork, MN?

Average Sale Time

Sep 2024Oct 2024CHANGE
94 Days74 Days-21.3%

Summary: Homes in Littlefork had an average of 74 days on market in Oct 2024, down by 21.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Littlefork has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Littlefork; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

Newest Listings in Littlefork, MN

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