$2,255 Closing Credit*
$189,900
973 SqFt
2 Beds
•1 Full Bath
Listing Office: Keller Williams Premier Realty
Is Wabasha 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, Wabasha County was a Seller's Market.
Key Takeaway
Wabasha County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wabasha County, MN
How much do homes in Wabasha County, MN cost?
Median Sold Price
$275,500
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,450(-0.9%)
Key Takeaway
Homes in Wabasha County have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Wabasha County was $275,500 in November 2024, down 0.9% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $263.5K | $253K | -4.0% |
| 2 Bedrooms | $258.4K | $236K | -8.7% |
| 3 Bedrooms | $262.5K | $268.4K | +2.3% |
| 4 Bedrooms | $313.5K | $332.5K | +6.1% |
| 5+ Bedrooms | $359K | $425K | +18.4% |
Summary: Wabasha County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 18.4%.
Median Sold Price Compared To Nearby Counties
| Buffalo County | $214.9K | $247.5K | +15.1% |
| Goodhue County | $280K | $306.6K | +9.5% |
| Olmsted County | $314.9K | $326K | +3.5% |
| Wabasha County | $277.9K | $275.5K | -0.9% |
| Pepin County | $231.9K | $225K | -3.0% |
Housing Supply in Wabasha County, MN
How many homes are available in Wabasha County, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 96 | 91 | -5.2% |
Summary: The Wabasha County real estate market had 91 homes for sale in November 2024, a 5.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 26 | 21 | -19.2% |
| 3 Bedrooms | 35 | 35 | 0.0% |
| 4 Bedrooms | 27 | 29 | +7.4% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Wabasha 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 19.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 11 | -57.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wabasha County, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Wabasha County in November 2024, down by 57.7% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.
Days on Market for Wabasha County, MN
How long does it take to sell a home in Wabasha County, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 33 Days | -20.4% |
Summary: Homes in Wabasha County had an average of 33 days on market in Nov 2024, down by 20.4% compared to last year.
Breakdown of Home Sale Times
7 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 Wabasha County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Wabasha County; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
