$3,859 Closing Credit*
$325,000
1,806 SqFt
3 Beds
•1 Full Bath
Listing Office: Base Camp Country Real Estate
Is Onamia, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Onamia was a Neutral Market.
Key Takeaway
Onamia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Onamia, MN
How much do homes in Onamia, MN cost?
Median Sold Price
$263,750
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,750(+7.7%)
Key Takeaway
Homes in Onamia have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Onamia was $263,750 in October 2024, up 7.7% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $159.9K | $60K | -62.5% |
| 2 Bedrooms | $228K | $187.2K | -17.9% |
| 3 Bedrooms | $285K | $287.5K | +0.9% |
| 4 Bedrooms | $247.4K | $299.9K | +21.2% |
| 5+ Bedrooms | - | $370K | N/A |
Summary: Onamia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.5%, 2 bedroom homes decreased by 17.9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Onamia | $245K | $263.7K | +7.7% |
| Onamia Township | $247.4K | $263.7K | +6.6% |
Housing Supply in Onamia, MN
How many homes are available in Onamia, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 24 | -17.2% |
Summary: The Onamia real estate market had 24 homes for sale in October 2024, a 17.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Onamia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Onamia, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Onamia in October 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Onamia, MN
How long does it take to sell a home in Onamia, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 32 Days | -29.7% |
Summary: Homes in Onamia had an average of 32 days on market in Oct 2024, down by 29.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Onamia has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Onamia; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
