$549,000
1.14 Acres
Land
Terry Backlund, Listing Office: Backlund Realty LLC
October 2024
Report Updated 4 Days Ago
Is Lutsen, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lutsen has remained a Seller's Market.
How much do homes in Lutsen, MN cost?
$360,000
$378/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
Summary: The median home sold price in Lutsen was $360,000 in October 2024, down 25.8% from last month, and the median price per square foot was $378.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $485K | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $360K | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Lutsen 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.
Tofte | $675K | $1.5M | +122.2% |
Lutsen Township | $490K | $930K | +89.8% |
West Cook | $482.5K | $490K | +1.6% |
Lutsen | $485K | $360K | -25.8% |
How many homes are available in Lutsen, MN?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Summary: The Lutsen real estate market had 1 homes for sale in October 2024, a 66.7% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 0 | -100.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 1 | +100.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lutsen housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Lutsen in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in Lutsen, MN?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
7 Days | 5 Days | -28.6% |
Summary: Homes in Lutsen had an average of 5 days on market in Oct 2024, down by 28.6% compared to last month.
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During October 2024, 1 homes were sold in Lutsen; 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 4 Days Ago
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See More ListingsMLS Disclaimers and Copyright
Based on information from Lake Superior Area MLS for the period 09/01/2024 - 11/01/2024
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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