$975,000
4,315 SqFt
4 Beds
•1 Full Bath, 1 Partial
Listing Office: The August Agency, LLC
September 2024
Report Updated 30 Days Ago
Is Hamel, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Hamel was a Seller's Market.
How much do homes in Hamel, MN cost?
$667,057
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Hamel was $667,057 in September 2024, down 0.5% from last year, and the median price per square foot was $236.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $414.9K | $342.4K | -17.5% |
3 Bedrooms | $464.5K | $482.4K | +3.9% |
4 Bedrooms | $699.9K | $694.8K | -0.7% |
5+ Bedrooms | $855K | $858K | 0.4% |
Summary: Hamel housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 0.4%.
Maple Grove | $389.9K | $402.6K | +3.2% |
Loretto | $520K | $532.5K | +2.4% |
Medina | $810.5K | $817.5K | +0.9% |
Hamel | $670K | $667K | -0.5% |
Corcoran | $584.8K | $581.7K | -0.5% |
How many homes are available in Hamel, MN?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
135 | 147 | +8.9% |
Summary: The Hamel real estate market had 147 homes for sale in September 2024, a 8.9% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 60 | 64 | +6.7% |
4 Bedrooms | 37 | 42 | +13.5% |
5+ Bedrooms | 27 | 29 | +7.4% |
Summary: The Hamel housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 7.4%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
32 | 12 | -62.5% |
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Hamel in September 2024, down by 62.5% month-over-month. Of the 12 sold homes, 25% were sold under asking, 58% were sold at asking, and 17% were sold over asking.
How long does it take to sell a home in Hamel, MN?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
38 Days | 6 Days | -82.1% |
Summary: Homes in Hamel had an average of 6 days on market in Sep 2024, down by 82.1% compared to last year.
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During September 2024, 12 homes were sold in Hamel; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago
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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., and Wisconsin Real Estate Exchange for the period 10/01/2022 - 10/01/2024
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Last updated on: 10/31/2024, 7:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
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Last updated on: 10/31/2024, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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