$137,400
Land
Listing Office: Midwest Land Group LLC
Is Todd County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Todd County was a Seller's Market.
Key Takeaway
Todd County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Todd County, MN
How much do homes in Todd County, MN cost?
Median Sold Price
$202,735
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,835(+1.4%)
Key Takeaway
Homes in Todd County have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Todd County was $202,735 in November 2024, up 1.4% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $145K | +45.0% |
| 2 Bedrooms | $154K | $172K | +11.7% |
| 3 Bedrooms | $202.6K | $191K | -5.7% |
| 4 Bedrooms | $237K | $258.9K | +9.3% |
| 5+ Bedrooms | $507.5K | $293.2K | -42.2% |
Summary: Todd County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45%, 2 bedroom homes increased by 11.7%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 42.2%.
Median Sold Price Compared To Nearby Counties
| Wadena County | $185K | $200K | +8.1% |
| Morrison County | $245K | $256.9K | +4.9% |
| Stearns County | $267.1K | $279.9K | +4.8% |
| Otter Tail County | $267.9K | $279.8K | +4.5% |
| Todd County | $199.9K | $202.7K | +1.4% |
Housing Supply in Todd County, MN
How many homes are available in Todd County, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 69 | 71 | +2.9% |
Summary: The Todd County real estate market had 71 homes for sale in November 2024, a 2.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 18 | 15 | -16.7% |
| 3 Bedrooms | 26 | 31 | +19.2% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Todd 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 16.7%, 3 bedroom homes increased by 19.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Todd County, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Todd County in November 2024, down by 25.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Todd County, MN
How long does it take to sell a home in Todd County, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 47 Days | +42.0% |
Summary: Homes in Todd County had an average of 47 days on market in Nov 2024, up by 42% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Todd County has remained consistent over time.
Summary: During November 2024, 9 homes were sold in Todd County; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
