Is Randall, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Randall is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Randall, MN

How much do homes in Randall, MN cost?

Median Sold Price

$230,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,500(-1.5%)

Key Takeaway

Homes in Randall have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Randall was $230,000 in October 2024, down 1.5% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$151.5K
N/A
2 $233.7K$205K
-12.3%
3 $232K$190K
-18.1%
4 $238.9K$290K
+21.4%
5+ $190K$590K
+210.5%

Summary: Randall housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.3%, 3 bedroom homes decreased by 18.1%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 210.5%.

Housing Supply in Randall, MN

How many homes are available in Randall, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
912+33.3%

Summary: The Randall real estate market had 12 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 23
+50.0%
3 46
+50.0%
4 13
+200.0%
5+ 10
-100.0%

Summary: The Randall housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Randall, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Randall in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Randall, MN

We’re sorry, we don't have information for this market at the moment

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Randall; 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.

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

Report Updated 17 Days Ago

Newest Listings in Randall, MN

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