Is Fillmore County, 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, Fillmore County has remained a Seller's Market.
Key Takeaway
Fillmore County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fillmore County, MN
How much do homes in Fillmore County, MN cost?
Median Sold Price
$221,712
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Fillmore County have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Fillmore County was $221,712 in May 2024, up 1.8% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $76.9K | $110.5K | +43.6% |
| 2 Bedrooms | $165K | $174.7K | +5.9% |
| 3 Bedrooms | $206.2K | $230K | +11.5% |
| 4 Bedrooms | $248.5K | $264.5K | +6.4% |
| 5+ Bedrooms | $326K | $220K | -32.5% |
Summary: Fillmore County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.6%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 32.5%.
Median Sold Price Compared To Nearby Counties
| Winona County | $206K | $239.1K | +16.1% |
| Houston County | $256K | $279.9K | +9.3% |
| Fillmore County | $217.7K | $221.7K | +1.8% |
Housing Supply in Fillmore County, MN
How many homes are available in Fillmore County, MN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 67 | 74 | +10.4% |
Summary: The Fillmore County real estate market had 74 homes for sale in May 2024, a 10.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 28 | 32 | +14.3% |
| 4 Bedrooms | 16 | 20 | +25.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Fillmore County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 18 | +38.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fillmore County, expect to pay close to the asking price. 38.9% of homes here sold near the asking price last month.
Summary: A total of 18 homes were sold or pending in Fillmore County in May 2024, up by 38.5% month-over-month. Of the 18 sold homes, 33% were sold under asking, 39% were sold at asking, and 28% were sold over asking.
Days on Market for Fillmore County, MN
How long does it take to sell a home in Fillmore County, MN?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 40 Days | +27.7% |
Summary: Homes in Fillmore County had an average of 40 days on market in May 2024, up by 27.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fillmore County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 18 homes were sold in Fillmore County; 61% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
