$8,608 Closing Credit*
$724,900
3,226 SqFt
4 Beds
•2 Full Baths
Listing Office: Coldwell Banker Realty
Is Oronoco, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Oronoco was a Buyer's Market.
Key Takeaway
Oronoco is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oronoco, MN
How much do homes in Oronoco, MN cost?
Median Sold Price
$614,500
$233/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$210,500(+52.1%)
Key Takeaway
Homes in Oronoco have sold for 52.1% more than they did a month ago.
Summary: The median home sold price in Oronoco was $614,500 in November 2024, up 52.1% from last month, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $471.1K | N/A |
| 4 Bedrooms | $404K | $802.5K | +98.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Oronoco 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 increased by 98.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Oronoco | $404K | $614.5K | +52.1% |
| Oronoco Township | $425K | $614.5K | +44.6% |
Housing Supply in Oronoco, MN
How many homes are available in Oronoco, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Oronoco real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Oronoco 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 decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oronoco, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Oronoco in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Oronoco, MN
How long does it take to sell a home in Oronoco, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 55 Days | +423.8% |
Summary: Homes in Oronoco had an average of 55 days on market in Nov 2024, up by 423.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Oronoco are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Oronoco; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
