$1,661 Closing Credit*
$139,900
1,872 SqFt
5 Beds
•3 Full Baths
Listing Office: East-West Realty of Long Prairie, Inc.
Is Todd County, 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, 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 October 2023
-$4,940(-2.4%)
Key Takeaway
Homes in Todd County have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Todd County was $202,735 in October 2024, down 2.4% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $141.7K | +41.8% |
| 2 Bedrooms | $152K | $168.5K | +10.9% |
| 3 Bedrooms | $202.6K | $194K | -4.3% |
| 4 Bedrooms | $264.9K | $257K | -3.0% |
| 5+ Bedrooms | $530K | $260K | -50.9% |
Summary: Todd County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.8%, 2 bedroom homes increased by 10.9%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 50.9%.
Median Sold Price Compared To Nearby Counties
| Otter Tail County | $260.2K | $280K | +7.6% |
| Morrison County | $239.9K | $257.9K | +7.5% |
| Wadena County | $185K | $197.6K | +6.8% |
| Stearns County | $266.6K | $279.9K | +5.0% |
| Todd County | $207.6K | $202.7K | -2.4% |
Housing Supply in Todd County, MN
How many homes are available in Todd County, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 79 | 82 | +3.8% |
Summary: The Todd County real estate market had 82 homes for sale in October 2024, a 3.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 26 | 20 | -23.1% |
| 3 Bedrooms | 25 | 31 | +24.0% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Todd County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Todd County, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Todd County in October 2024, down by 15.4% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 79 Days | 37 Days | -53.1% |
Summary: Homes in Todd County had an average of 37 days on market in Oct 2024, down by 53.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Todd County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Todd County; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
