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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cass County is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Cass County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Cass County, MN cost?

Median Sold Price

$272,925

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$22,925(+9.2%)

Key Takeaway

Homes in Cass County have sold for 9.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $168.2K$152.7K
-9.2%
2 $205K$235K
+14.6%
3 $269.8K$276.7K
+2.6%
4 $330K$332.4K
+0.7%
5+ $445K$435K
-2.2%

Median Sold Price Compared To Nearby Counties

Aitkin County
+18.7%
Itasca County
+16.5%
Hubbard County
+14.9%
Crow Wing County
+11.8%
Cass County
+9.2%

How many homes are available in Cass County, MN?

Number of Homes For Sale

Apr 2022May 2022%
135188+39.3%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 1212
0.0%
2 4255
+31.0%
3 5377
+45.3%
4 2131
+47.6%
5+ 713
+85.7%

Number of Homes Sold

Apr 2022May 2022%
2247+113.6%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cass County, you could pay more than the asking price. 40.4% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
17 Days35 Days+105.1%

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cass County are selling fast, if you're buying plan to act quickly.

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

About Cass County, MN

Number of homes for sale in Cass County, MN real estate market have reached 188. In May 2022 in Cass County, MN there were 39.3% more homes for sale than in April 2022. In May 2022 median list price was $272,925 and the average listing age was 35 days. From April 2022 through May 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went down by 9.2%, prices of 2 bedrooms properties increased by 14.6%, 3 bedrooms properties became 2.6% more expensive, the cost of 4 bedrooms properties went up by 0.7%, the cost of 5 bedrooms properties went down by 2.2%. Volume of homes for sale changed: 1 bedroom homes did not move, number of 2 bedrooms homes increased by 31%, number of 3 bedrooms homes increased by 45.3%, volume of 4 bedrooms homes went up by 47.6%, 5 bedrooms homes became 85.7% more available. While more than 19 listings in Cass County, MN in May 2022 were sold above asking price, there were more than 12 listings sold at asking price, and more than 16 were sold below.

Related Housing Market Reports