$2,672 Closing Credit*
$225,000
1,048 SqFt
3 Beds
•1 Bath
Listing Office: Kurilla Real Estate LTD
Is Pillager, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Pillager was a Seller's Market.
Key Takeaway
Pillager is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pillager, MN
How much do homes in Pillager, MN cost?
Median Sold Price
$294,950
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$13,300(-4.3%)
Key Takeaway
Homes in Pillager have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Pillager was $294,950 in November 2024, down 4.3% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135.6K | - | N/A |
| 2 Bedrooms | $225K | $246.2K | +9.4% |
| 3 Bedrooms | $345.8K | $257.7K | -25.5% |
| 4 Bedrooms | $309K | $485K | +57.0% |
| 5+ Bedrooms | $500K | $542K | +8.4% |
Summary: Pillager housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 25.5%, 4 bedroom homes increased by 57%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Cities
| Sylvan Township | $364.9K | $353.5K | -3.1% |
| Pillager | $308.2K | $294.9K | -4.3% |
Housing Supply in Pillager, MN
How many homes are available in Pillager, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The Pillager real estate market had 10 homes for sale in November 2024, a 11.1% increase 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pillager 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 increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
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 Pillager, 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 Pillager in November 2024, down by 50.0% 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 Pillager, MN
How long does it take to sell a home in Pillager, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 2 Days | -93.8% |
Summary: Homes in Pillager had an average of 2 days on market in Nov 2024, down by 93.8% compared to last year.
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 Pillager are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Pillager; 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.
