$5,213 Closing Credit*
$439,000
2,704 SqFt
3 Beds
•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 November 2023
Since last year, Ortonville has remained a Seller's Market.
Key Takeaway
Ortonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ortonville, MN
How much do homes in Ortonville, MN cost?
Median Sold Price
$152,500
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+1.7%)
Key Takeaway
Homes in Ortonville have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Ortonville was $152,500 in November 2024, up 1.7% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $42.2K | $150K | +255.0% |
| 2 Bedrooms | $129K | $110K | -14.7% |
| 3 Bedrooms | $141.5K | $175K | +23.7% |
| 4 Bedrooms | $329.5K | $163.5K | -50.4% |
| 5+ Bedrooms | $181K | $357.5K | +97.5% |
Summary: Ortonville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 255%, 2 bedroom homes decreased by 14.7%, 3 bedroom homes increased by 23.7%, 4 bedroom homes decreased by 50.4%, and 5+ bedroom homes increased by 97.5%.
Median Sold Price Compared To Nearby Cities
| Ortonville | $150K | $152.5K | +1.7% |
| Ortonville Township | $150K | $152.5K | +1.7% |
Housing Supply in Ortonville, MN
How many homes are available in Ortonville, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Ortonville real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ortonville 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 decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 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 Ortonville, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Ortonville in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 75 Days | 64 Days | -15.2% |
Summary: Homes in Ortonville had an average of 64 days on market in Nov 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were 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 November 2024, 4 homes were sold in Ortonville; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
