$200,000
Land
Listing Office: Shady Oak Realty
Is Big Stone County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Big Stone County has remained a Seller's Market.
Key Takeaway
Big Stone County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Big Stone County, MN
How much do homes in Big Stone County, MN cost?
Median Sold Price
$150,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$5,000(-3.2%)
Key Takeaway
Homes in Big Stone County have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Big Stone County was $150,000 in August 2024, down 3.2% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $41.5K | $101.2K | +144.0% |
| 2 Bedrooms | $155K | $115K | -25.8% |
| 3 Bedrooms | $145K | $170K | +17.2% |
| 4 Bedrooms | $239K | $147K | -38.5% |
| 5+ Bedrooms | $181K | $167K | -7.7% |
Summary: Big Stone County housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 144%, 2 bedroom homes decreased by 25.8%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Counties
| Lac qui Parle County | $105K | $161K | +53.3% |
| Stevens County | $155K | $197K | +27.1% |
| Swift County | $134K | $145K | +8.2% |
| Big Stone County | $155K | $150K | -3.2% |
Housing Supply in Big Stone County, MN
How many homes are available in Big Stone County, MN?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 22 | 26 | +18.2% |
Summary: The Big Stone County real estate market had 26 homes for sale in August 2024, a 18.2% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Big Stone County housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
6 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 Big Stone County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Big Stone County in August 2024, up by 50.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Big Stone County, MN
How long does it take to sell a home in Big Stone County, MN?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 61 Days | 40 Days | -35.2% |
Summary: Homes in Big Stone County had an average of 40 days on market in Aug 2024, down by 35.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Big Stone County has remained consistent over time.
Summary: During August 2024, 6 homes were sold in Big Stone County; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
