Is Cass County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
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.
Housing Prices in Cass County, MN
How much do homes in Cass County, MN cost?
Median Sold Price
$329,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Cass County have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Cass County was $329,000 in June 2024, up 1.2% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $175K | -18.6% |
| 2 Bedrooms | $275K | $275K | 0.0% |
| 3 Bedrooms | $340K | $382.5K | +12.5% |
| 4 Bedrooms | $434.9K | $412.5K | -5.2% |
| 5+ Bedrooms | $735K | $532.5K | -27.6% |
Summary: Cass County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 27.6%.
Median Sold Price Compared To Nearby Counties
| Hubbard County | $273.5K | $298.3K | +9.1% |
| Itasca County | $235.2K | $250K | +6.3% |
| Crow Wing County | $344.6K | $349.9K | +1.5% |
| Aitkin County | $265K | $269K | +1.5% |
| Cass County | $325K | $329K | +1.2% |
Housing Supply in Cass County, MN
How many homes are available in Cass County, MN?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 201 | 224 | +11.4% |
Summary: The Cass County real estate market had 224 homes for sale in June 2024, a 11.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 12 | +9.1% |
| 2 Bedrooms | 59 | 60 | +1.7% |
| 3 Bedrooms | 83 | 91 | +9.6% |
| 4 Bedrooms | 31 | 44 | +41.9% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Cass County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 41.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 42 | 42 | 0.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cass County, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in Cass County in June 2024, the same as the previous month. Of the 42 sold homes, 45% were sold under asking, 31% were sold at asking, and 24% were sold over asking.
Days on Market for Cass County, MN
How long does it take to sell a home in Cass County, MN?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 23 Days | 50 Days | +108.8% |
Summary: Homes in Cass County had an average of 50 days on market in Jun 2024, up by 108.8% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cass County are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 42 homes were sold in Cass County; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
