$4,738 Closing Credit*
$399,000
2,120 SqFt
4 Beds
•1 Full Bath, 1 Partial
Listing Office: Straka 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 November 2023
Since last year, Onamia has remained a Buyer's 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
$268,750
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,350(+10.0%)
Key Takeaway
Homes in Onamia have sold for 10% more than they did a year ago.
Summary: The median home sold price in Onamia was $268,750 in November 2024, up 10% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146.9K | $65K | -55.8% |
| 2 Bedrooms | $228K | $228.7K | 0.3% |
| 3 Bedrooms | $282.5K | $280K | -0.9% |
| 4 Bedrooms | $249.9K | $299.9K | +20.0% |
| 5+ Bedrooms | - | $370K | N/A |
Summary: Onamia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.8%, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Onamia | $244.4K | $268.7K | +10.0% |
| Onamia Township | $244.4K | $268.7K | +10.0% |
Housing Supply in Onamia, MN
How many homes are available in Onamia, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The Onamia real estate market had 22 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Onamia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Onamia, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Onamia in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 121 Days | 27 Days | -77.7% |
Summary: Homes in Onamia had an average of 27 days on market in Nov 2024, down by 77.7% 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 Onamia are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Onamia; 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.
