$1,780 Closing Credit*
$149,900
1,239 SqFt
3 Beds
•1 Full Bath
Listing Office: Strong Realty
Is Ortonville, 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, Ortonville was a Seller's Market.
Key Takeaway
Ortonville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ortonville, MN
How much do homes in Ortonville, MN cost?
Median Sold Price
$207,500
$93/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$15,000(-6.7%)
Key Takeaway
Homes in Ortonville have sold for 6.7% less than they did a month ago.
Summary: The median home sold price in Ortonville was $207,500 in December 2024, down 6.7% from last month, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $88.1K | - | N/A |
| 3 Bedrooms | $315K | $100K | -68.3% |
| 4 Bedrooms | - | $315K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Ortonville housing prices by bedroom type for December 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 decreased by 68.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ortonville | $222.5K | $207.5K | -6.7% |
| Ortonville Township | $222.5K | $207.5K | -6.7% |
Housing Supply in Ortonville, MN
How many homes are available in Ortonville, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The Ortonville real estate market had 14 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ortonville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
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 Ortonville, 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 Ortonville in December 2024, down by 50.0% 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 Ortonville, MN
How long does it take to sell a home in Ortonville, MN?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 64 Days | 67 Days | +5.5% |
Summary: Homes in Ortonville had an average of 67 days on market in Dec 2024, up by 5.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ortonville has remained consistent over time.
Summary: During December 2024, 2 homes were sold in Ortonville; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
