Is Becker County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Becker County was a Seller's Market.
Key Takeaway
Becker County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Becker County, MN
How much do homes in Becker County, MN cost?
Median Sold Price
$315,500
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Becker County have sold for 11.5% less than they did a year ago.
Summary: The median home sold price in Becker County was $315,500 in March 2024, down 11.5% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $197.5K | $199.5K | +1.0% |
| 2 Bedrooms | $272.5K | $225K | -17.4% |
| 3 Bedrooms | $366.5K | $339.5K | -7.4% |
| 4 Bedrooms | $422.5K | $389K | -7.9% |
| 5+ Bedrooms | $605K | $522.5K | -13.6% |
Summary: Becker County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 13.6%.
Median Sold Price Compared To Nearby Counties
| Hubbard County | $265K | $320K | +20.8% |
| Otter Tail County | $254K | $272.9K | +7.5% |
| Wadena County | $180K | $189.5K | +5.3% |
| Becker County | $356.4K | $315.5K | -11.5% |
Housing Supply in Becker County, MN
How many homes are available in Becker County, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 174 | 211 | +21.3% |
Summary: The Becker County real estate market had 211 homes for sale in March 2024, a 21.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 40 | 49 | +22.5% |
| 3 Bedrooms | 59 | 67 | +13.6% |
| 4 Bedrooms | 54 | 65 | +20.4% |
| 5+ Bedrooms | 16 | 24 | +50.0% |
Summary: The Becker County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 33 | +32.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Becker County, you may be able to get a good deal. 60.6% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Becker County in March 2024, up by 32.0% month-over-month. Of the 33 sold homes, 61% were sold under asking, 18% were sold at asking, and 21% were sold over asking.
Days on Market for Becker County, MN
How long does it take to sell a home in Becker County, MN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 76 Days | 52 Days | -30.6% |
Summary: Homes in Becker County had an average of 52 days on market in Mar 2024, down by 30.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Becker County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 33 homes were sold in Becker County; 45% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
