$3,561 Closing Credit*
$299,900
2,068 SqFt
4 Beds
•1 Full Bath
Listing Office: True Real Estate
Is Sibley County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Sibley County has remained a Seller's Market.
Key Takeaway
Sibley County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sibley County, MN
How much do homes in Sibley County, MN cost?
Median Sold Price
$225,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+2.3%)
Key Takeaway
Homes in Sibley County have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Sibley County was $225,000 in November 2024, up 2.3% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.9K | $24.9K | -71.7% |
| 2 Bedrooms | $176K | $169.5K | -3.7% |
| 3 Bedrooms | $230K | $235K | +2.2% |
| 4 Bedrooms | $224K | $278.1K | +24.2% |
| 5+ Bedrooms | $280K | $255.5K | -8.8% |
Summary: Sibley County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.7%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes decreased by 8.8%.
Median Sold Price Compared To Nearby Counties
| Nicollet County | $279K | $309.9K | +11.1% |
| Carver County | $431.8K | $450.6K | +4.3% |
| Sibley County | $220K | $225K | +2.3% |
| McLeod County | $255K | $254.9K | 0% |
| Le Sueur County | $294.2K | $284.9K | -3.2% |
Housing Supply in Sibley County, MN
How many homes are available in Sibley County, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 61 | -4.7% |
Summary: The Sibley County real estate market had 61 homes for sale in November 2024, a 4.7% 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 | 5 | 4 | -20.0% |
| 3 Bedrooms | 35 | 38 | +8.6% |
| 4 Bedrooms | 16 | 12 | -25.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Sibley County 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 decreased by 20%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sibley County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Sibley County in November 2024, up by 16.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for Sibley County, MN
How long does it take to sell a home in Sibley County, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 58 Days | +117.6% |
Summary: Homes in Sibley County had an average of 58 days on market in Nov 2024, up by 117.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sibley County has remained consistent over time.
Summary: During November 2024, 14 homes were sold in Sibley County; 21% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
