Is Ogilvie, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ogilvie is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Ogilvie was a Neutral Market.

Key Takeaway

Ogilvie is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ogilvie, MN

How much do homes in Ogilvie, MN cost?

Median Sold Price

$370,000

$140/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$20,000(-5.1%)

Key Takeaway

Homes in Ogilvie have sold for 5.1% less than they did a month ago.

Summary: The median home sold price in Ogilvie was $370,000 in November 2024, down 5.1% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $390K-
N/A
4 -$370K
N/A
5+ --
N/A

Summary: Ogilvie 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 did not change, 4 bedroom homes did not change, 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

Oct 2024Nov 2024CHANGE
68+33.3%

Summary: The Ogilvie real estate market had 8 homes for sale in November 2024, a 33.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 01
+100.0%
3 22
0.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Ogilvie 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ogilvie, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Ogilvie in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Oct 2024Nov 2024CHANGE
48 Days7 Days-85.4%

Summary: Homes in Ogilvie had an average of 7 days on market in Nov 2024, down by 85.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ogilvie are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Ogilvie; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Ogilvie, MN

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