Is 55310, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 55310 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 55310 has remained a Neutral Market.

Key Takeaway

55310 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 55310, MN cost?

Median Sold Price

$110,000

$67/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$89,000(-44.7%)

Key Takeaway

Homes in 55310 have sold for 44.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 --
N/A
3 -$110K
N/A
4 $199K-
N/A
5+ --
N/A

How many homes are available in 55310, MN?

Number of Homes For Sale

Nov 2021Dec 2021%
76-14.3%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 32
-33.3%
5+ 00
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 55310, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Dec 2021%
127 Days21 Days-83.5%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 55310 are selling fast, if you're buying plan to act quickly.

About 55310, MN

There are 6 homes are for sale in 55310, MN real estate market. The number of listings in 55310, MN decreased by 14.3% between November 2021 and December 2021. The median list price of listings available in December 2021 was $110,000, while the average time on the real estate market was 21 days. Listing prices have changed in this real estate market between December 2020 and December 2021: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 0%, 3 bedrooms properties prices increased by 0%, prices of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes remained the same, the quantity of 4 bedrooms homes went down by 33.3%, number of 5 bedrooms homes remained the same. In December 2021 more than 0 listings in 55310, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below.