Is Cohasset, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cohasset was a Seller's Market.
Housing Prices in Cohasset, MN
How much do homes in Cohasset, MN cost?
Median Sold Price
$287,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cohasset was $287,500 in April 2024, down 5.7% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $280K | +100.0% |
2 Bedrooms | $190.5K | $275.5K | +44.6% |
3 Bedrooms | $298K | $282K | -5.4% |
4 Bedrooms | $400K | $355K | -11.3% |
5+ Bedrooms | $632.5K | $300K | -52.6% |
Summary: Cohasset housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 44.6%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 52.6%.
Median Sold Price Compared To Nearby Cities
Grand Rapids | $245K | $260K | +6.1% |
Cohasset | $305K | $287.5K | -5.7% |
Deer Lake | $387.5K | $352.5K | -9.0% |
Housing Supply in Cohasset, MN
How many homes are available in Cohasset, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 16 | +60.0% |
Summary: The Cohasset real estate market had 16 homes for sale in April 2024, a 60.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Cohasset housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 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 Cohasset in April 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 Cohasset, MN
How long does it take to sell a home in Cohasset, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 65 Days | -13.7% |
Summary: Homes in Cohasset had an average of 65 days on market in Apr 2024, down by 13.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Cohasset; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.