$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
Since last month, Walnut Grove has remained a Seller's 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
$122,500
$66/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$89,000(-42.1%)
Key Takeaway
Homes in Walnut Grove have sold for 42.1% less than they did a month ago.
Summary: The median home sold price in Walnut Grove was $122,500 in November 2024, down 42.1% from last month, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $162K | $122.5K | -24.4% |
| 4 Bedrooms | $261K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Walnut Grove housing prices by bedroom type for November 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 decreased by 24.4%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The Walnut Grove real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Walnut Grove 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
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 November 2024, the same as the previous 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 200 Days | +213.3% |
Summary: Homes in Walnut Grove had an average of 200 days on market in Nov 2024, up by 213.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Walnut Grove are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Walnut Grove; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
