$39,900
Land
Listing Office: Timber Ghost Realty, LLC
Is Taylors Falls, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Taylors Falls was a Buyer's Market.
Key Takeaway
Taylors Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Taylors Falls, MN
How much do homes in Taylors Falls, MN cost?
Median Sold Price
$341,250
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,250(+11.9%)
Key Takeaway
Homes in Taylors Falls have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Taylors Falls was $341,250 in October 2024, up 11.9% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $347K | $280K | -19.3% |
| 3 Bedrooms | $414.9K | $340K | -18.1% |
| 4 Bedrooms | $283.5K | $430K | +51.7% |
| 5+ Bedrooms | $374.5K | $530K | +41.5% |
Summary: Taylors Falls housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.3%, 3 bedroom homes decreased by 18.1%, 4 bedroom homes increased by 51.7%, and 5+ bedroom homes increased by 41.5%.
Median Sold Price Compared To Nearby Cities
| Taylors Falls | $305K | $341.2K | +11.9% |
| Saint Croix Falls | $272.5K | $290K | +6.4% |
Housing Supply in Taylors Falls, MN
How many homes are available in Taylors Falls, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Taylors Falls real estate market had 16 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Taylors Falls 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 decreased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were 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. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Taylors Falls in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 68 Days | 47 Days | -29.7% |
Summary: Homes in Taylors Falls had an average of 47 days on market in Oct 2024, down by 29.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Taylors Falls are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Taylors Falls; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
