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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shevlin is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Shevlin was a Seller's Market.

Key Takeaway

Shevlin is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Shevlin, MN

How much do homes in Shevlin, MN cost?

Median Sold Price

$170,229

$108/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$278,021(-62.0%)

Key Takeaway

Homes in Shevlin have sold for 62% less than they did a month ago.

Summary: The median home sold price in Shevlin was $170,229 in October 2024, down 62% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$170.2K
N/A
4 $448.2K-
N/A
5+ --
N/A

Summary: Shevlin housing prices by bedroom type for October 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

Shevlin
-62.0%
Shevlin Township
-62.0%

Housing Supply in Shevlin, MN

How many homes are available in Shevlin, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
56+20.0%

Summary: The Shevlin real estate market had 6 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 10
-100.0%
5+ 13
+200.0%

Summary: The Shevlin 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 decreased by 100%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shevlin, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Shevlin in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Shevlin, MN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
17 Days57 Days+235.3%

Summary: Homes in Shevlin had an average of 57 days on market in Oct 2024, up by 235.3% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Shevlin; 0% of homes were sold within 30 days, 100% 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 4 Days Ago

Newest Listings in Shevlin, MN

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