$1,306 Closing Credit*
$110,000
1,434 SqFt
3 Beds
•1 Full Bath
Listing Office: REAL (3064 FGO)
Is Mahnomen County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Mahnomen County was a Seller's Market.
Key Takeaway
Mahnomen County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mahnomen County, MN
How much do homes in Mahnomen County, MN cost?
Median Sold Price
$181,000
$151/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$35,000(-16.2%)
Key Takeaway
Homes in Mahnomen County have sold for 16.2% less than they did a month ago.
Summary: The median home sold price in Mahnomen County was $181,000 in November 2024, down 16.2% from last month, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $155K | N/A |
| 3 Bedrooms | $172K | $207K | +20.3% |
| 4 Bedrooms | $216K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Mahnomen County housing prices by bedroom type for November 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 increased by 20.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Mahnomen County, MN
How many homes are available in Mahnomen County, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Summary: The Mahnomen County real estate market had 17 homes for sale in November 2024, a 26.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mahnomen 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 remained the same, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mahnomen County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Mahnomen County in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mahnomen County, MN
How long does it take to sell a home in Mahnomen County, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 Days | 43 Days | -42.4% |
Summary: Homes in Mahnomen County had an average of 43 days on market in Nov 2024, down by 42.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mahnomen County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Mahnomen County; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
