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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Audubon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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

$360,250

$196/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$101,250(+39.1%)

Key Takeaway

Homes in Audubon have sold for 39.1% more than they did a month ago.

Summary: The median home sold price in Audubon was $360,250 in April 2024, up 39.1% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$180K
N/A
3 $289K$430K
+48.8%
4 $229K-
N/A
5+ $525K-
N/A

Summary: Audubon housing prices by bedroom type for April 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 increased by 48.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Audubon, MN

How many homes are available in Audubon, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
17170.0%

Summary: The Audubon real estate market had 17 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 76
-14.3%
4 66
0.0%
5+ 31
-66.7%

Summary: The Audubon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

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 April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Mar 2024Apr 2024CHANGE
43 Days198 Days+361.0%

Summary: Homes in Audubon had an average of 198 days on market in Apr 2024, up by 361% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Audubon are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 4 homes were sold in Audubon; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

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