Is Hawley, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hawley was a Seller's Market.
Key Takeaway
Hawley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hawley, MN
How much do homes in Hawley, MN cost?
Median Sold Price
$305,000
$131/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in Hawley has remained the same since last year.
Summary: The median home sold price in Hawley was $305,000 in April 2024, the same as last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $141K | -17.1% |
| 3 Bedrooms | $272.5K | $238K | -12.7% |
| 4 Bedrooms | $375K | $361K | -3.7% |
| 5+ Bedrooms | $637.5K | $480K | -24.7% |
Summary: Hawley 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 17.1%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 24.7%.
Median Sold Price Compared To Nearby Cities
| Hawley | $305K | $305K | 0.0% |
| Hawley Township | $313.2K | $305K | -2.6% |
Housing Supply in Hawley, MN
How many homes are available in Hawley, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 20 | +81.8% |
Summary: The Hawley real estate market had 20 homes for sale in April 2024, a 81.8% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 2 | 9 | +350.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Hawley 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 100%, 4 bedroom homes increased by 350%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hawley, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Hawley in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Hawley, MN
How long does it take to sell a home in Hawley, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 73 Days | +31.1% |
Summary: Homes in Hawley had an average of 73 days on market in Apr 2024, up by 31.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hawley has remained consistent over time.
Summary: During April 2024, 3 homes were sold in Hawley; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
