$3,551 Closing Credit*
$299,000
960 SqFt
2 Beds
•1 Bath
Listing Office: Coldwell Banker Crown Realtors
Is Pope County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Pope County has remained a Seller's Market.
Key Takeaway
Pope County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pope County, MN
How much do homes in Pope County, MN cost?
Median Sold Price
$245,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,500(+7.2%)
Key Takeaway
Homes in Pope County have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Pope County was $245,000 in October 2024, up 7.2% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $173.7K | $212.5K | +22.3% |
| 2 Bedrooms | $219.9K | $210K | -4.5% |
| 3 Bedrooms | $180.9K | $245K | +35.4% |
| 4 Bedrooms | $260K | $242.4K | -6.8% |
| 5+ Bedrooms | $375K | $583.5K | +55.6% |
Summary: Pope County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.3%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 35.4%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 55.6%.
Median Sold Price Compared To Nearby Counties
| Stevens County | $159.9K | $198.5K | +24.1% |
| Pope County | $228.5K | $245K | +7.2% |
| Stearns County | $266.6K | $279.9K | +5.0% |
| Douglas County | $323.6K | $339.1K | +4.8% |
| Swift County | $140K | $145K | +3.6% |
Housing Supply in Pope County, MN
How many homes are available in Pope County, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 53 | -23.2% |
Summary: The Pope County real estate market had 53 homes for sale in October 2024, a 23.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 17 | 12 | -29.4% |
| 3 Bedrooms | 26 | 20 | -23.1% |
| 4 Bedrooms | 16 | 13 | -18.8% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Pope County 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 29.4%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 13 | -38.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pope County, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Pope County in October 2024, down by 38.1% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 59 Days | +151.1% |
Summary: Homes in Pope County had an average of 59 days on market in Oct 2024, up by 151.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pope County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Pope County; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
