Is 55767, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
At the same time last year, 55767 was a Seller's Market.
Key Takeaway
55767 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 55767, MN cost?
Median Sold Price
$245,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
+$33,000(+15.6%)
Key Takeaway
Homes in 55767 have sold for 15.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $210K | $160.4K | -23.6% |
| 2 Bedrooms | $145K | $161K | +11.0% |
| 3 Bedrooms | $212K | $313.7K | +48.0% |
| 4 Bedrooms | $260K | $247.2K | -4.9% |
| 5+ Bedrooms | $339.2K | $391K | +15.3% |
How many homes are available in 55767, MN?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 12 | 13 | +8.3% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 2 | 2 | 0.0% |
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 55767, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 53 Days | 65 Days | +22.4% |
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 55767 has remained consistent over time.
