Is Eyota, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Eyota has remained a Seller's Market.
Key Takeaway
Eyota is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eyota, MN
How much do homes in Eyota, MN cost?
Median Sold Price
$363,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Eyota have sold for 21% more than they did a year ago.
Summary: The median home sold price in Eyota was $363,000 in April 2024, up 21% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $309.9K | $290K | -6.4% |
| 3 Bedrooms | $269.9K | $319K | +18.2% |
| 4 Bedrooms | $292.5K | $419.4K | +43.4% |
| 5+ Bedrooms | $337.5K | $389.9K | +15.5% |
Summary: Eyota housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.4%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 43.4%, and 5+ bedroom homes increased by 15.5%.
Median Sold Price Compared To Nearby Cities
| Eyota | $300K | $363K | +21.0% |
| Eyota Township | $305K | $363K | +19.0% |
Housing Supply in Eyota, MN
How many homes are available in Eyota, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Summary: The Eyota real estate market had 17 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Eyota 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eyota, 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 Eyota in April 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Eyota, MN
How long does it take to sell a home in Eyota, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 68 Days | 62 Days | -8.5% |
Summary: Homes in Eyota had an average of 62 days on market in Apr 2024, down by 8.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eyota are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Eyota; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
