Is Houston County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Houston County has remained a Seller's Market.
Key Takeaway
Houston County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Houston County, MN
How much do homes in Houston County, MN cost?
Median Sold Price
$290,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Houston County have sold for 16% more than they did a year ago.
Summary: The median home sold price in Houston County was $290,000 in June 2024, up 16% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86.5K | $178.5K | +106.4% |
| 2 Bedrooms | $150K | $235K | +56.7% |
| 3 Bedrooms | $242.5K | $275K | +13.4% |
| 4 Bedrooms | $291K | $335K | +15.1% |
| 5+ Bedrooms | $462.5K | $380K | -17.8% |
Summary: Houston County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 106.4%, 2 bedroom homes increased by 56.7%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 17.8%.
Median Sold Price Compared To Nearby Counties
| Houston County | $250K | $290K | +16.0% |
| Winona County | $210K | $239.9K | +14.2% |
| La Crosse County | $271.8K | $304.2K | +11.9% |
Housing Supply in Houston County, MN
How many homes are available in Houston County, MN?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 81 | 68 | -16.0% |
Summary: The Houston County real estate market had 68 homes for sale in June 2024, a 16.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 40 | 32 | -20.0% |
| 4 Bedrooms | 24 | 19 | -20.8% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Houston County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 28 | 25 | -10.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Houston County, you may be able to get a good deal. 44% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Houston County in June 2024, down by 10.7% month-over-month. Of the 25 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% were sold over asking.
Days on Market for Houston County, MN
How long does it take to sell a home in Houston County, MN?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 39 Days | 47 Days | +21.0% |
Summary: Homes in Houston County had an average of 47 days on market in Jun 2024, up by 21% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Houston County are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 25 homes were sold in Houston County; 28% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
