$2,255 Closing Credit*
$189,900
973 SqFt
2 Beds
•1 Full Bath
Listing Office: Keller Williams Premier Realty
Is Plainview, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Plainview has remained a Seller's Market.
Key Takeaway
Plainview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plainview, MN
How much do homes in Plainview, MN cost?
Median Sold Price
$210,000
$197/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$80,000(-27.6%)
Key Takeaway
Homes in Plainview have sold for 27.6% less than they did a month ago.
Summary: The median home sold price in Plainview was $210,000 in November 2024, down 27.6% from last month, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $192K | $210K | +9.4% |
| 3 Bedrooms | $290K | $153.5K | -47.1% |
| 4 Bedrooms | $361.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Plainview housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 47.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Plainview | $290K | $210K | -27.6% |
| Plainview Township | $290K | $210K | -27.6% |
Housing Supply in Plainview, MN
How many homes are available in Plainview, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Plainview real estate market had 11 homes for sale in November 2024, a 22.2% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Plainview 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plainview, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Plainview in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Plainview, MN
How long does it take to sell a home in Plainview, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 53 Days | +43.2% |
Summary: Homes in Plainview had an average of 53 days on market in Nov 2024, up by 43.2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Plainview are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Plainview; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
