Is Goodhue County, 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, Goodhue County has remained a Seller's Market.
Key Takeaway
Goodhue County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Goodhue County, MN
How much do homes in Goodhue County, MN cost?
Median Sold Price
$291,900
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Goodhue County have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Goodhue County was $291,900 in April 2024, up 1.6% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $146.2K | +46.3% |
| 2 Bedrooms | $235K | $233K | -0.9% |
| 3 Bedrooms | $259.9K | $265K | +1.9% |
| 4 Bedrooms | $330K | $349.5K | +5.9% |
| 5+ Bedrooms | $424.9K | $470K | +10.6% |
Summary: Goodhue County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.3%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Counties
| Wabasha County | $265K | $287.4K | +8.5% |
| Pierce County | $327.2K | $349.6K | +6.8% |
| Dodge County | $262.4K | $278.3K | +6.1% |
| Dakota County | $369.9K | $385.5K | +4.2% |
| Goodhue County | $287.3K | $291.9K | +1.6% |
Housing Supply in Goodhue County, MN
How many homes are available in Goodhue County, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 183 | 197 | +7.7% |
Summary: The Goodhue County real estate market had 197 homes for sale in April 2024, a 7.7% 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 | 48 | 51 | +6.3% |
| 3 Bedrooms | 52 | 59 | +13.5% |
| 4 Bedrooms | 65 | 70 | +7.7% |
| 5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The Goodhue County 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 6.3%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 | 39 | -7.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Goodhue County, expect to pay close to the asking price. 41% of homes here sold near the asking price last month.
Summary: A total of 39 homes were sold or pending in Goodhue County in April 2024, down by 7.1% month-over-month. Of the 39 sold homes, 28% were sold under asking, 41% were sold at asking, and 31% were sold over asking.
Days on Market for Goodhue County, MN
How long does it take to sell a home in Goodhue County, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 59 Days | 64 Days | +8.1% |
Summary: Homes in Goodhue County had an average of 64 days on market in Apr 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Goodhue County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 39 homes were sold in Goodhue County; 62% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
