$5,402 Closing Credit*
$454,900
2,914 SqFt
4 Beds
•1 Full Bath
Listing Office: eXp Realty (3523 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
Since last month, Horace Mann has remained a Buyer's 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
$239,900
$161/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$46,900(+24.3%)
Key Takeaway
Homes in Horace Mann have sold for 24.3% more than they did a month ago.
Summary: The median home sold price in Horace Mann was $239,900 in November 2024, up 24.3% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $239.9K | N/A |
| 3 Bedrooms | $193K | - | N/A |
| 4 Bedrooms | - | $214K | N/A |
| 5+ Bedrooms | - | $550K | N/A |
Summary: Horace Mann 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Horace Mann | $193K | $239.9K | +24.3% |
| Washington | $323K | $227K | -29.7% |
Housing Supply in Horace Mann, ND
How many homes are available in Horace Mann, ND?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 46 | +7.0% |
Summary: The Horace Mann real estate market had 46 homes for sale in November 2024, a 7.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Horace Mann housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Horace Mann, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Horace Mann in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 18 Days | -53.0% |
Summary: Homes in Horace Mann had an average of 18 days on market in Nov 2024, down by 53% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Horace Mann are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Horace Mann; 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.
