Is Grant County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Grant County has remained a Seller's Market.
Housing Prices in Grant County, MN
How much do homes in Grant County, MN cost?
Median Sold Price
$175,450
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Grant County was $175,450 in March 2024, up 14.7% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $56.7K | - | N/A |
2 Bedrooms | $139.9K | $134K | -4.3% |
3 Bedrooms | $135.2K | $176.5K | +30.5% |
4 Bedrooms | $210K | $215K | +2.4% |
5+ Bedrooms | $130K | $304.9K | +134.6% |
Summary: Grant County 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 decreased by 4.3%, 3 bedroom homes increased by 30.5%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 134.6%.
Median Sold Price Compared To Nearby Counties
Douglas County | $281.1K | $341.5K | +21.5% |
Stevens County | $155K | $186K | +20.0% |
Grant County | $152.9K | $175.4K | +14.7% |
Otter Tail County | $254K | $272.9K | +7.5% |
Housing Supply in Grant County, MN
How many homes are available in Grant County, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 27 | +17.4% |
Summary: The Grant County real estate market had 27 homes for sale in March 2024, a 17.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 10 | 13 | +30.0% |
4 Bedrooms | 8 | 5 | -37.5% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Grant County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Grant County in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Grant County, MN
How long does it take to sell a home in Grant County, MN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
117 Days | 19 Days | -83.1% |
Summary: Homes in Grant County had an average of 19 days on market in Mar 2024, down by 83.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Grant County; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.