Is Audubon, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Audubon has remained a Seller's Market.
Key Takeaway
Audubon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Audubon, MN
How much do homes in Audubon, MN cost?
Median Sold Price
$388,750
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Audubon have sold for 32.4% less than they did a year ago.
Summary: The median home sold price in Audubon was $388,750 in May 2024, down 32.4% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $575K | $474K | -17.6% |
| 3 Bedrooms | $515K | $336.5K | -34.7% |
| 4 Bedrooms | $550K | $252K | -54.2% |
| 5+ Bedrooms | $1.7M | $848.9K | -50.1% |
Summary: Audubon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.6%, 3 bedroom homes decreased by 34.7%, 4 bedroom homes decreased by 54.2%, and 5+ bedroom homes decreased by 50.1%.
Median Sold Price Compared To Nearby Cities
| Audubon Township | $565K | $388.7K | -31.2% |
| Audubon | $575K | $388.7K | -32.4% |
Housing Supply in Audubon, MN
How many homes are available in Audubon, MN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The Audubon real estate market had 18 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 4 | 8 | +100.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Audubon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Audubon, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Audubon in May 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Audubon, MN
How long does it take to sell a home in Audubon, MN?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 77 Days | 28 Days | -63.9% |
Summary: Homes in Audubon had an average of 28 days on market in May 2024, down by 63.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Audubon are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Audubon; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
