$1,864 Closing Credit*
$157,000
1,396 SqFt
3 Beds
•1 Full Bath
Listing Office: RE/MAX Results
Is Parkers Prairie, 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, Parkers Prairie was a Neutral Market.
Key Takeaway
Parkers Prairie is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Parkers Prairie, MN
How much do homes in Parkers Prairie, MN cost?
Median Sold Price
$150,000
$119/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$224,450(-59.9%)
Key Takeaway
Homes in Parkers Prairie have sold for 59.9% less than they did a month ago.
Summary: The median home sold price in Parkers Prairie was $150,000 in October 2024, down 59.9% from last month, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $298.9K | - | N/A |
| 3 Bedrooms | - | $150K | N/A |
| 4 Bedrooms | $450K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Parkers Prairie housing prices by bedroom type for October 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 did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Parkers Prairie | $374.4K | $150K | -59.9% |
| Parkers Prairie Township | $374.4K | $150K | -59.9% |
Housing Supply in Parkers Prairie, MN
How many homes are available in Parkers Prairie, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The Parkers Prairie real estate market had 11 homes for sale in October 2024, a 15.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Parkers Prairie housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 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 Parkers Prairie, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Parkers Prairie in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Parkers Prairie, MN
How long does it take to sell a home in Parkers Prairie, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 2 Days | -95.7% |
Summary: Homes in Parkers Prairie had an average of 2 days on market in Oct 2024, down by 95.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Parkers Prairie are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Parkers Prairie; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
