$5,344 Closing Credit*
$450,000
3,035 SqFt
4 Beds
•2 Full Baths
Listing Office: Generations Real Estate Group
Is Taylors Falls, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Taylors Falls was a Seller's Market.
Key Takeaway
Taylors Falls 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 Taylors Falls, MN
How much do homes in Taylors Falls, MN cost?
Median Sold Price
$312,450
$139/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$30,050(-8.8%)
Key Takeaway
Homes in Taylors Falls have sold for 8.8% less than they did a month ago.
Summary: The median home sold price in Taylors Falls was $312,450 in November 2024, down 8.8% from last month, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $362.5K | $325K | -10.3% |
| 4 Bedrooms | $342.5K | $299.9K | -12.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Taylors Falls housing prices by bedroom type for November 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 decreased by 10.3%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes did not change.
Housing Supply in Taylors Falls, MN
How many homes are available in Taylors Falls, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Summary: The Taylors Falls real estate market had 12 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Taylors Falls 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 37.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -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
Key Takeaway
If you're buying a home in Taylors Falls, 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 Taylors Falls 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 Taylors Falls, MN
How long does it take to sell a home in Taylors Falls, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 26 Days | -45.6% |
Summary: Homes in Taylors Falls had an average of 26 days on market in Nov 2024, down by 45.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Taylors Falls are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Taylors Falls; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
