$433 Closing Credit*
$36,500
756 SqFt
1 Bed
•1 Full Bath
Listing Office: Shady Oak Realty
Is Ortonville, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Ortonville has remained a Buyer's Market.
Key Takeaway
Ortonville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ortonville, MN
How much do homes in Ortonville, MN cost?
Median Sold Price
$152,500
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,825(-3.1%)
Key Takeaway
Homes in Ortonville have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Ortonville was $152,500 in October 2024, down 3.1% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $32K | $101.2K | +216.4% |
| 2 Bedrooms | $155K | $109.5K | -29.4% |
| 3 Bedrooms | $145K | $175K | +20.7% |
| 4 Bedrooms | $292K | $163.5K | -44.0% |
| 5+ Bedrooms | $181K | $357.5K | +97.5% |
Summary: Ortonville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 216.4%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes increased by 20.7%, 4 bedroom homes decreased by 44%, and 5+ bedroom homes increased by 97.5%.
Median Sold Price Compared To Nearby Cities
| Ortonville | $157.3K | $152.5K | -3.1% |
| Ortonville Township | $157.3K | $152.5K | -3.1% |
Housing Supply in Ortonville, MN
How many homes are available in Ortonville, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Summary: The Ortonville real estate market had 16 homes for sale in October 2024, a 15.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ortonville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ortonville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Ortonville in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 79 Days | +182.1% |
Summary: Homes in Ortonville had an average of 79 days on market in Oct 2024, up by 182.1% 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 Ortonville has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Ortonville; 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.
