$1,112,000
Land
Listing Office: Keller Williams Premier Realty
Is Mantorville, 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, Mantorville has remained a Seller's Market.
Key Takeaway
Mantorville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mantorville, MN
How much do homes in Mantorville, MN cost?
Median Sold Price
$399,900
$173/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$62,550(-13.5%)
Key Takeaway
Homes in Mantorville have sold for 13.5% less than they did a month ago.
Summary: The median home sold price in Mantorville was $399,900 in October 2024, down 13.5% from last month, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $260K | N/A |
| 4 Bedrooms | $285K | $537.4K | +88.6% |
| 5+ Bedrooms | $639.9K | - | N/A |
Summary: Mantorville 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 increased by 88.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mantorville Township | $462.4K | $474.4K | +2.6% |
| Mantorville | $462.4K | $399.9K | -13.5% |
Housing Supply in Mantorville, MN
How many homes are available in Mantorville, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Mantorville real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Mantorville 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mantorville, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Mantorville in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Mantorville, MN
How long does it take to sell a home in Mantorville, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 20 Days | -24.5% |
Summary: Homes in Mantorville had an average of 20 days on market in Oct 2024, down by 24.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mantorville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Mantorville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
