$4,000
Land
Listing Office: Heartland Real Estate Services LLC
Is Walnut Grove, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Walnut Grove was a Neutral Market.
Key Takeaway
Walnut Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Walnut Grove, MN
How much do homes in Walnut Grove, MN cost?
Median Sold Price
$211,500
$90/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$164,500(+350.0%)
Key Takeaway
Homes in Walnut Grove have sold for 350% more than they did a month ago.
Summary: The median home sold price in Walnut Grove was $211,500 in October 2024, up 350% from last month, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $47K | $162K | +244.7% |
| 4 Bedrooms | - | $261K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Walnut Grove housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 244.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Walnut Grove, MN
How many homes are available in Walnut Grove, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Walnut Grove real estate market had 7 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Walnut Grove 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walnut Grove, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Walnut Grove in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Walnut Grove, MN
How long does it take to sell a home in Walnut Grove, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 228 Days | 64 Days | -71.9% |
Summary: Homes in Walnut Grove had an average of 64 days on market in Oct 2024, down by 71.9% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Walnut Grove has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Walnut Grove; 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.
