Is Sauk Centre, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sauk Centre is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Sauk Centre has remained a Seller's Market.

Key Takeaway

Sauk Centre is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sauk Centre, MN

How much do homes in Sauk Centre, MN cost?

Median Sold Price

$275,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+17.0%)

Key Takeaway

Homes in Sauk Centre have sold for 17% more than they did a year ago.

Summary: The median home sold price in Sauk Centre was $275,000 in October 2024, up 17% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $109.9K$217K
+97.5%
2 $155.9K$260K
+66.8%
3 $250K$257.5K
+3.0%
4 $243.5K$379K
+55.6%
5+ $419.5K$357.5K
-14.8%

Summary: Sauk Centre housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.5%, 2 bedroom homes increased by 66.8%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes decreased by 14.8%.

Median Sold Price Compared To Nearby Cities

Sauk Centre Township
+17.5%
Sauk Centre
+17.0%

Housing Supply in Sauk Centre, MN

How many homes are available in Sauk Centre, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3236+12.5%

Summary: The Sauk Centre real estate market had 36 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 711
+57.1%
3 1315
+15.4%
4 76
-14.3%
5+ 54
-20.0%

Summary: The Sauk Centre 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 57.1%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sauk Centre, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Sauk Centre in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Sauk Centre, MN

How long does it take to sell a home in Sauk Centre, MN?

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days24 Days-52.5%

Summary: Homes in Sauk Centre had an average of 24 days on market in Oct 2024, down by 52.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Sauk Centre; 67% of homes were sold within 30 days, 33% 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 Sauk Centre, MN

Nearby Markets to Sauk Centre, MN