Is Brown County, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brown County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Brown County was a Neutral Market.

Key Takeaway

Brown County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brown County, MN

How much do homes in Brown County, MN cost?

Median Sold Price

$229,900

$91/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$80,400(+53.8%)

Key Takeaway

Homes in Brown County have sold for 53.8% more than they did a month ago.

Summary: The median home sold price in Brown County was $229,900 in February 2024, up 53.8% from last month, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $149.5K$149.9K
0.3%
3 $134K$217K
+61.9%
4 $171K$335K
+95.9%
5+ --
N/A

Summary: Brown County housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 61.9%, 4 bedroom homes increased by 95.9%, and 5+ bedroom homes did not change.

Housing Supply in Brown County, MN

How many homes are available in Brown County, MN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2122+4.8%

Summary: The Brown County real estate market had 22 homes for sale in February 2024, a 4.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 910
+11.1%
4 65
-16.7%
5+ 11
0.0%

Summary: The Brown County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brown County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Brown County in February 2024, up by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Brown County, MN

How long does it take to sell a home in Brown County, MN?

Average Sale Time

Jan 2024Feb 2024CHANGE
43 Days100 Days+130.8%

Summary: Homes in Brown County had an average of 100 days on market in Feb 2024, up by 130.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 5 homes were sold in Brown County; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 80% 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 27 Days Ago

Newest Listings in Brown County, MN

Nearby Markets to Brown County, MN

What housing markets are near Brown County, MN?