$2,849 Closing Credit*
$239,900
768 SqFt
1 Bed
•1 Full Bath
Barb Hanson, Listing Office: Adolphson Real Estate
Is Scanlon, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Scanlon was a Buyer's Market.
Key Takeaway
Scanlon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Scanlon, MN
How much do homes in Scanlon, MN cost?
Median Sold Price
$235,900
$151/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$15,900(+7.2%)
Key Takeaway
Homes in Scanlon have sold for 7.2% more than they did a month ago.
Summary: The median home sold price in Scanlon was $235,900 in November 2024, up 7.2% from last month, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $235.9K | N/A |
| 3 Bedrooms | $220K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Scanlon 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Scanlon | $220K | $235.9K | +7.2% |
| Esko | $334.9K | $267.4K | -20.2% |
| Thomson Township | $345K | $267.4K | -22.5% |
Housing Supply in Scanlon, MN
How many homes are available in Scanlon, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Scanlon real estate market had 8 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Scanlon 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
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 Scanlon, 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 Scanlon in November 2024, up by 100.0% month-over-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 Scanlon, MN
How long does it take to sell a home in Scanlon, MN?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Scanlon are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Scanlon; 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.
