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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Starbuck is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Starbuck, MN

How much do homes in Starbuck, MN cost?

Median Sold Price

$238,200

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$57,250(+31.6%)

Key Takeaway

Homes in Starbuck have sold for 31.6% more than they did a year ago.

Summary: The median home sold price in Starbuck was $238,200 in November 2024, up 31.6% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $85K$385K
+352.9%
2 $202K$221.5K
+9.7%
3 $180.9K$237.5K
+31.3%
4 $228.5K$233.2K
+2.1%
5+ -$579.5K
N/A

Summary: Starbuck housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 352.9%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes did not change.

Housing Supply in Starbuck, MN

How many homes are available in Starbuck, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1210-16.7%

Summary: The Starbuck real estate market had 10 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 43
-25.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Starbuck 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 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Starbuck in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Starbuck, MN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days10 Days+5.3%

Summary: Homes in Starbuck had an average of 10 days on market in Nov 2024, up by 5.3% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Starbuck; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Starbuck, MN

Nearby Markets to Starbuck, MN