$10,000 Closing Credit*
$925,000
1,729 SqFt
3 Beds
•1 Full Bath
Listing Office: RE/MAX Results
Is Whiteface Reservoir, 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, Whiteface Reservoir has remained a Seller's Market.
Key Takeaway
Whiteface Reservoir is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Whiteface Reservoir, MN
How much do homes in Whiteface Reservoir, MN cost?
Median Sold Price
$365,000
$266/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$82,000(+29.0%)
Key Takeaway
Homes in Whiteface Reservoir have sold for 29% more than they did a month ago.
Summary: The median home sold price in Whiteface Reservoir was $365,000 in November 2024, up 29% from last month, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $271.5K | - | N/A |
| 3 Bedrooms | $960K | $365K | -62.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Whiteface Reservoir 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 62%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Whiteface Reservoir | $283K | $365K | +29.0% |
| Cotton | $362.5K | $350K | -3.4% |
| Cotton Township | $362.5K | $350K | -3.4% |
Housing Supply in Whiteface Reservoir, MN
How many homes are available in Whiteface Reservoir, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Whiteface Reservoir real estate market had 5 homes for sale in November 2024, a 16.7% 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Whiteface Reservoir 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 66.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
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 Whiteface Reservoir, 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 Whiteface Reservoir in November 2024, down by 66.7% 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 Whiteface Reservoir, MN
How long does it take to sell a home in Whiteface Reservoir, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 69 Days | +728.0% |
Summary: Homes in Whiteface Reservoir had an average of 69 days on market in Nov 2024, up by 728% compared to last month.
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
Key Takeaway
Avg time on Rocket Homes in Whiteface Reservoir has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Whiteface Reservoir; 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.
