$2,730 Closing Credit*
$229,900
1,600 SqFt
4 Beds
•2 Full Baths
Listing Office: National Realty Guild
Is Ogilvie, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 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
$343,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$78,000(+29.4%)
Key Takeaway
Homes in Ogilvie have sold for 29.4% more than they did a year ago.
Summary: The median home sold price in Ogilvie was $343,000 in August 2024, up 29.4% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142.5K | $225K | +57.9% |
| 2 Bedrooms | $278.4K | $160K | -42.5% |
| 3 Bedrooms | $205K | $320K | +56.1% |
| 4 Bedrooms | $286K | $490K | +71.3% |
| 5+ Bedrooms | $450K | - | N/A |
Summary: Ogilvie housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.9%, 2 bedroom homes decreased by 42.5%, 3 bedroom homes increased by 56.1%, 4 bedroom homes increased by 71.3%, 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
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Summary: The Ogilvie real estate market had 7 homes for sale in August 2024, a 75.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ogilvie housing inventory by bedroom type for August 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 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was 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, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Ogilvie in August 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 29 Days | 21 Days | -27.7% |
Summary: Homes in Ogilvie had an average of 21 days on market in Aug 2024, down by 27.7% compared to last year.
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 Ogilvie are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 3 homes were sold in Ogilvie; 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.
