$2,850 Closing Credit*
$240,000
1,475 SqFt
2 Beds
•1 Full Bath
Listing Office: Roers Real Estate Services LLC
Is Sabin, 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, 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
$301,078
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$71,078(+30.9%)
Key Takeaway
Homes in Sabin have sold for 30.9% more than they did a year ago.
Summary: The median home sold price in Sabin was $301,078 in October 2024, up 30.9% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $156K | -8.2% |
| 3 Bedrooms | $215K | $310K | +44.2% |
| 4 Bedrooms | $200.5K | $343.5K | +71.4% |
| 5+ Bedrooms | $282K | - | N/A |
Summary: Sabin 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 8.2%, 3 bedroom homes increased by 44.2%, 4 bedroom homes increased by 71.4%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Summary: The Sabin real estate market had 8 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sabin 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sabin, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Sabin in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Sabin, MN
How long does it take to sell a home in Sabin, MN?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sabin has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Sabin; 0% 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.
