$3,086 Closing Credit*
$259,900
1,532 SqFt
4 Beds
•1 Full Bath, 1 Partial
Listing Office: CENTURY 21 Atwood
Is McLeod County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, McLeod County has remained a Seller's Market.
Key Takeaway
McLeod County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in McLeod County, MN
How much do homes in McLeod County, MN cost?
Median Sold Price
$254,966
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$33(0%)
Key Takeaway
The sold price of homes in McLeod County has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98.5K | $142.2K | +44.4% |
| 2 Bedrooms | $215K | $217K | +0.9% |
| 3 Bedrooms | $245K | $247.5K | +1.0% |
| 4 Bedrooms | $291.5K | $291.5K | 0.0% |
| 5+ Bedrooms | $371.9K | $376.5K | +1.2% |
Summary: McLeod County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.4%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Counties
| Meeker County | $255K | $282.5K | +10.8% |
| Carver County | $431.8K | $450.6K | +4.3% |
| Sibley County | $220K | $225K | +2.3% |
| Wright County | $373.9K | $375K | 0.3% |
| McLeod County | $255K | $254.9K | 0% |
Housing Supply in McLeod County, MN
How many homes are available in McLeod County, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 150 | 137 | -8.7% |
Summary: The McLeod County real estate market had 137 homes for sale in November 2024, a 8.7% 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 | 24 | 21 | -12.5% |
| 3 Bedrooms | 66 | 61 | -7.6% |
| 4 Bedrooms | 46 | 42 | -8.7% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The McLeod 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 12.5%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 27 | -32.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McLeod County, you may be able to get a good deal. 40.7% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in McLeod County in November 2024, down by 32.5% month-over-month. Of the 27 sold homes, 41% were sold under asking, 37% were sold at asking, and 22% were sold over asking.
Days on Market for McLeod County, MN
How long does it take to sell a home in McLeod County, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 37 Days | +41.7% |
Summary: Homes in McLeod County had an average of 37 days on market in Nov 2024, up by 41.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in McLeod County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in McLeod County; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
