Is Trimont, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trimont is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Trimont has remained a Seller's Market.

Key Takeaway

Trimont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Trimont, MN

How much do homes in Trimont, MN cost?

Median Sold Price

$128,950

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$26,000(-16.8%)

Key Takeaway

Homes in Trimont have sold for 16.8% less than they did a year ago.

Summary: The median home sold price in Trimont was $128,950 in October 2024, down 16.8% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $114.9K$75K
-34.7%
3 $128K$128K
0.0%
4 $309.7K$139.9K
-54.8%
5+ $343.8K$155K
-54.9%

Summary: Trimont 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 34.7%, 3 bedroom homes did not change, 4 bedroom homes decreased by 54.8%, and 5+ bedroom homes decreased by 54.9%.

Housing Supply in Trimont, MN

How many homes are available in Trimont, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
330.0%

Summary: The Trimont real estate market had 3 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 00
0.0%
4 11
0.0%
5+ 10
-100.0%

Summary: The Trimont 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trimont, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Trimont in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Trimont, MN

How long does it take to sell a home in Trimont, MN?

Average Sale Time

Oct 2023Oct 2024CHANGE
85 Days30 Days-65.0%

Summary: Homes in Trimont had an average of 30 days on market in Oct 2024, down by 65% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Trimont has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Trimont; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Trimont, MN

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