$4,156 Closing Credit*
$350,000
1,312 SqFt
3 Beds
•1 Full Bath
Listing Office: Central MN Realty LLC
Is Meeker 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, Meeker County has remained a Seller's Market.
Key Takeaway
Meeker County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Meeker County, MN
How much do homes in Meeker County, MN cost?
Median Sold Price
$282,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,500(+10.8%)
Key Takeaway
Homes in Meeker County have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Meeker County was $282,500 in November 2024, up 10.8% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.5K | $351K | +103.4% |
| 2 Bedrooms | $239.4K | $256.5K | +7.1% |
| 3 Bedrooms | $220K | $245K | +11.4% |
| 4 Bedrooms | $300K | $319.9K | +6.7% |
| 5+ Bedrooms | $385K | $343.2K | -10.8% |
Summary: Meeker County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 103.4%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 10.8%.
Median Sold Price Compared To Nearby Counties
| Kandiyohi County | $250K | $286K | +14.4% |
| Meeker County | $255K | $282.5K | +10.8% |
| Stearns County | $267.1K | $279.9K | +4.8% |
| Wright County | $373.9K | $375K | 0.3% |
| McLeod County | $255K | $254.9K | 0% |
Housing Supply in Meeker County, MN
How many homes are available in Meeker County, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 80 | 81 | +1.3% |
Summary: The Meeker County real estate market had 81 homes for sale in November 2024, a 1.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 32 | 31 | -3.1% |
| 4 Bedrooms | 25 | 25 | 0.0% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Meeker County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 21.4%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Meeker County, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Meeker County in November 2024, down by 22.2% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% were sold over asking.
Days on Market for Meeker County, MN
How long does it take to sell a home in Meeker County, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 29 Days | -45.4% |
Summary: Homes in Meeker County had an average of 29 days on market in Nov 2024, down by 45.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Meeker County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Meeker County; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
