Is Pope County, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pope County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Pope County was a Seller's Market.

Key Takeaway

Pope County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pope County, MN

How much do homes in Pope County, MN cost?

Median Sold Price

$247,500

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+6.5%)

Key Takeaway

Homes in Pope County have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Pope County was $247,500 in November 2024, up 6.5% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $173.7K$212.5K
+22.3%
2 $211.7K$210K
-0.8%
3 $184K$247K
+34.2%
4 $260K$242.4K
-6.8%
5+ $500K$521.7K
+4.3%

Summary: Pope County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.3%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 34.2%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Counties

Stevens County
+18.9%
Swift County
+11.9%
Pope County
+6.5%
Stearns County
+4.8%
Douglas County
+4.5%

Housing Supply in Pope County, MN

How many homes are available in Pope County, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4844-8.3%

Summary: The Pope County real estate market had 44 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 1212
0.0%
3 1816
-11.1%
4 1211
-8.3%
5+ 21
-50.0%

Summary: The Pope County 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 11.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
136-53.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pope County, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Pope County in November 2024, down by 53.8% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Pope County, MN

How long does it take to sell a home in Pope County, MN?

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days36 Days+33.4%

Summary: Homes in Pope County had an average of 36 days on market in Nov 2024, up by 33.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pope County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Pope County; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Pope County, MN

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