Is Crookston, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Crookston was a Seller's Market.
Key Takeaway
Crookston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Crookston, MN
How much do homes in Crookston, MN cost?
Median Sold Price
$175,000
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Crookston have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Crookston was $175,000 in March 2024, up 8.2% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $102.7K | N/A |
| 2 Bedrooms | $105K | $121.7K | +16.0% |
| 3 Bedrooms | $161K | $171.5K | +6.5% |
| 4 Bedrooms | $199.5K | $241K | +20.8% |
| 5+ Bedrooms | $185K | $203.5K | +10.0% |
Summary: Crookston housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
| Crookston | $161.7K | $175K | +8.2% |
| Crookston Township | $161.7K | $175K | +8.2% |
| Andover Township | $430.9K | $435.6K | +1.1% |
Housing Supply in Crookston, MN
How many homes are available in Crookston, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 16 | +77.8% |
Summary: The Crookston real estate market had 16 homes for sale in March 2024, a 77.8% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 8 | +100.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Crookston 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crookston, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Crookston in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Crookston, MN
How long does it take to sell a home in Crookston, MN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 85 Days | 39 Days | -54.3% |
Summary: Homes in Crookston had an average of 39 days on market in Mar 2024, down by 54.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Crookston has remained consistent over time.
Summary: During March 2024, 1 homes were sold in Crookston; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
