Is Bigfork, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bigfork has remained a Seller's Market.
Housing Prices in Bigfork, MN
How much do homes in Bigfork, MN cost?
Median Sold Price
$270,500
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bigfork was $270,500 in March 2024, down 14.1% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $170K | -12.8% |
2 Bedrooms | $295K | $300K | +1.7% |
3 Bedrooms | $348.3K | $283.4K | -18.6% |
4 Bedrooms | $325K | $175K | -46.2% |
5+ Bedrooms | $377K | $639K | +69.5% |
Summary: Bigfork housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes decreased by 46.2%, and 5+ bedroom homes increased by 69.5%.
Median Sold Price Compared To Nearby Cities
Bigfork Township | $315K | $280K | -11.1% |
Bigfork | $315K | $270.5K | -14.1% |
Housing Supply in Bigfork, MN
How many homes are available in Bigfork, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Summary: The Bigfork real estate market had 11 homes for sale in March 2024, a 83.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 8 | +100.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bigfork housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Bigfork in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bigfork, MN
How long does it take to sell a home in Bigfork, MN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
82 Days | 76 Days | -7.3% |
Summary: Homes in Bigfork had an average of 76 days on market in Mar 2024, down by 7.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Bigfork; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.