$2,013 Closing Credit*
$169,500
845 SqFt
2 Beds
•1 Full Bath, 1 Partial
Listing Office: James Patrick Real Estate
Is Sabin, 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, Sabin has remained a Seller's Market.
Key Takeaway
Sabin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sabin, MN
How much do homes in Sabin, MN cost?
Median Sold Price
$242,500
$146/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$182,500(-42.9%)
Key Takeaway
Homes in Sabin have sold for 42.9% less than they did a month ago.
Summary: The median home sold price in Sabin was $242,500 in November 2024, down 42.9% from last month, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $190K | N/A |
| 3 Bedrooms | $425K | $295K | -30.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Sabin 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 did not change, 3 bedroom homes decreased by 30.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Sabin, MN
How many homes are available in Sabin, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Sabin real estate market had 6 homes for sale in November 2024, a 25.0% decrease 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 | 3 | +50.0% |
| 3 Bedrooms | 4 | 1 | -75.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sabin 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 50%, 3 bedroom homes decreased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sabin, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Sabin in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Sabin, MN
How long does it take to sell a home in Sabin, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 20 Days | -64.9% |
Summary: Homes in Sabin had an average of 20 days on market in Nov 2024, down by 64.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sabin are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Sabin; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
