$1,758 Closing Credit*
$148,000
1,290 SqFt
3 Beds
•1 Full Bath
Listing Office: BEX Realty, LLC
Is West Concord, 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, West Concord was a Neutral Market.
Key Takeaway
West Concord is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Concord, MN
How much do homes in West Concord, MN cost?
Median Sold Price
$215,750
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,750(+16.6%)
Key Takeaway
Homes in West Concord have sold for 16.6% more than they did a year ago.
Summary: The median home sold price in West Concord was $215,750 in November 2024, up 16.6% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147K | - | N/A |
| 2 Bedrooms | $135K | $145K | +7.4% |
| 3 Bedrooms | $209.2K | $311K | +48.6% |
| 4 Bedrooms | $257.4K | $315.1K | +22.4% |
| 5+ Bedrooms | $810K | $325K | -59.9% |
Summary: West Concord housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 48.6%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes decreased by 59.9%.
Housing Supply in West Concord, MN
How many homes are available in West Concord, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The West Concord real estate market had 9 homes for sale in November 2024, a 18.2% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Concord 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 remained the same, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Concord, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in West Concord in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for West Concord, MN
How long does it take to sell a home in West Concord, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 1 Day | 10 Days | +900.0% |
Summary: Homes in West Concord had an average of 10 days on market in Nov 2024, up by 900% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Concord are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in West Concord; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
