$3,563 Closing Credit*
$300,000
1,559 SqFt
2 Beds
•1 Full Bath
Listing Office: VoigtJohnson
Is Stearns County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Stearns County has remained a Seller's Market.
Key Takeaway
Stearns County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stearns County, MN
How much do homes in Stearns County, MN cost?
Median Sold Price
$279,954
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,265(+5.0%)
Key Takeaway
Homes in Stearns County have sold for 5% more than they did a year ago.
Summary: The median home sold price in Stearns County was $279,954 in October 2024, up 5% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $90.2K | -33.2% |
| 2 Bedrooms | $225K | $235K | +4.4% |
| 3 Bedrooms | $250K | $259.6K | +3.9% |
| 4 Bedrooms | $295.5K | $305.5K | +3.4% |
| 5+ Bedrooms | $356K | $350K | -1.7% |
Summary: Stearns County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.2%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Counties
| Benton County | $275K | $295.7K | +7.5% |
| Meeker County | $252K | $267.5K | +6.2% |
| Stearns County | $266.6K | $279.9K | +5.0% |
| Sherburne County | $355K | $369.9K | +4.2% |
| Wright County | $374.9K | $374.8K | 0% |
Housing Supply in Stearns County, MN
How many homes are available in Stearns County, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 601 | 637 | +6.0% |
Summary: The Stearns County real estate market had 637 homes for sale in October 2024, a 6.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 10 | +11.1% |
| 2 Bedrooms | 102 | 108 | +5.9% |
| 3 Bedrooms | 222 | 238 | +7.2% |
| 4 Bedrooms | 194 | 203 | +4.6% |
| 5+ Bedrooms | 74 | 78 | +5.4% |
Summary: The Stearns County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 5.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 139 | 126 | -9.4% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stearns County, you may be able to get a good deal. 40.5% of homes here sold below asking price last month.
Summary: A total of 126 homes were sold or pending in Stearns County in October 2024, down by 9.4% month-over-month. Of the 126 sold homes, 40% were sold under asking, 22% were sold at asking, and 37% were sold over asking.
Days on Market for Stearns County, MN
How long does it take to sell a home in Stearns County, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 34 Days | -1.7% |
Summary: Homes in Stearns County had an average of 34 days on market in Oct 2024, down by 1.7% compared to last year.
Breakdown of Home Sale Times
79 Homes Were Sold
Under 30 Days
37 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stearns County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 126 homes were sold in Stearns County; 63% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
