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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sebeka is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Sebeka was a Buyer's Market.

Key Takeaway

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

Housing Prices in Sebeka, MN

How much do homes in Sebeka, MN cost?

Median Sold Price

$192,750

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,800(+18.3%)

Key Takeaway

Homes in Sebeka have sold for 18.3% more than they did a year ago.

Summary: The median home sold price in Sebeka was $192,750 in October 2024, up 18.3% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $159.9K-
N/A
2 $65.9K$83.5K
+26.7%
3 $84.9K$199.9K
+135.4%
4 $362.5K$187K
-48.4%
5+ $377.5K$289.2K
-23.4%

Summary: Sebeka 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 increased by 26.7%, 3 bedroom homes increased by 135.4%, 4 bedroom homes decreased by 48.4%, and 5+ bedroom homes decreased by 23.4%.

Housing Supply in Sebeka, MN

How many homes are available in Sebeka, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
17170.0%

Summary: The Sebeka real estate market had 17 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 44
0.0%
3 44
0.0%
4 33
0.0%
5+ 55
0.0%

Summary: The Sebeka 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sebeka, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Sebeka in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Sebeka, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
6 Days157 Days+2529.2%

Summary: Homes in Sebeka had an average of 157 days on market in Oct 2024, up by 2529.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sebeka has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Sebeka; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 20 Days Ago

Newest Listings in Sebeka, MN

Nearby Markets to Sebeka, MN