Is Dassel, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dassel is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Dassel was a Buyer's Market.

Key Takeaway

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

Housing Prices in Dassel, MN

How much do homes in Dassel, MN cost?

Median Sold Price

$347,950

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$13,900(-3.8%)

Key Takeaway

Homes in Dassel have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Dassel was $347,950 in April 2024, down 3.8% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $116K$245K
+111.2%
2 $327.4K$330.2K
+0.9%
3 $350K$415K
+18.6%
4 $400.6K$363.9K
-9.2%
5+ $475K$368.7K
-22.4%

Summary: Dassel housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 111.2%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes decreased by 22.4%.

Median Sold Price Compared To Nearby Cities

Dassel Township
-1.3%
Dassel
-3.8%

Housing Supply in Dassel, MN

How many homes are available in Dassel, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
17170.0%

Summary: The Dassel real estate market had 17 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 66
0.0%
3 67
+16.7%
4 54
-20.0%
5+ 00
0.0%

Summary: The Dassel 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dassel, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Dassel in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Dassel, MN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
325 Days26 Days-91.9%

Summary: Homes in Dassel had an average of 26 days on market in Apr 2024, down by 91.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Dassel; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 9 Days Ago

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