$2,969 Closing Credit*
$250,000
1,367 SqFt
3 Beds
•2 Full Baths
Listing Office: REAL (1531 FGO)
Is Horace Mann, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Horace Mann was a Neutral Market.
Key Takeaway
Horace Mann is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Horace Mann, ND
How much do homes in Horace Mann, ND cost?
Median Sold Price
$193,000
$136/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$107,000(-35.7%)
Key Takeaway
Homes in Horace Mann have sold for 35.7% less than they did a month ago.
Summary: The median home sold price in Horace Mann was $193,000 in October 2024, down 35.7% from last month, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $192.5K | - | N/A |
| 3 Bedrooms | $300K | $193K | -35.7% |
| 4 Bedrooms | $410K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Horace Mann 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 decreased by 35.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Horace Mann, ND
How many homes are available in Horace Mann, ND?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 45 | +9.8% |
Summary: The Horace Mann real estate market had 45 homes for sale in October 2024, a 9.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Horace Mann 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 decreased by 11.8%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
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 Horace Mann, 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 Horace Mann in October 2024, down by 66.7% 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 Horace Mann, ND
How long does it take to sell a home in Horace Mann, ND?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 39 Days | +120.8% |
Summary: Homes in Horace Mann had an average of 39 days on market in Oct 2024, up by 120.8% 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 Horace Mann has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Horace Mann; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
