$2,719 Closing Credit*
$229,000
1,200 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX RESULTS
Is Ogilvie, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Ogilvie has remained a Seller's Market.
Key Takeaway
Ogilvie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ogilvie, MN
How much do homes in Ogilvie, MN cost?
Median Sold Price
$356,500
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$70,500(+24.7%)
Key Takeaway
Homes in Ogilvie have sold for 24.7% more than they did a year ago.
Summary: The median home sold price in Ogilvie was $356,500 in December 2024, up 24.7% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142.5K | $225K | +57.9% |
| 2 Bedrooms | $235K | $177.5K | -24.5% |
| 3 Bedrooms | $312K | $343K | +9.9% |
| 4 Bedrooms | $325K | $444.9K | +36.9% |
| 5+ Bedrooms | $450K | - | N/A |
Summary: Ogilvie housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.9%, 2 bedroom homes decreased by 24.5%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 36.9%, and 5+ bedroom homes did not change.
Housing Supply in Ogilvie, MN
How many homes are available in Ogilvie, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Ogilvie real estate market had 8 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ogilvie housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ogilvie, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Ogilvie in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Ogilvie, MN
How long does it take to sell a home in Ogilvie, MN?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 56 Days | 15 Days | -72.3% |
Summary: Homes in Ogilvie had an average of 15 days on market in Dec 2024, down by 72.3% compared to last year.
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 Ogilvie are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Ogilvie; 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.
