Is Houston County, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Houston County is a seller's market

Buyer's
Market

Difference Since January 2023

At the same time last year, Houston County was a Neutral 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

$271,666

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$22,666(+9.1%)

Key Takeaway

Homes in Houston County have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Houston County was $271,666 in January 2024, up 9.1% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $95K$168.5K
+77.4%
2 $159.7K$158.7K
-0.6%
3 $225K$269K
+19.6%
4 $303.2K$320K
+5.5%
5+ $505K$420K
-16.8%

Summary: Houston County housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 77.4%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 16.8%.

Median Sold Price Compared To Nearby Counties

Winona County
+9.9%
Houston County
+9.1%
La Crosse County
+7.1%

Housing Supply in Houston County, MN

How many homes are available in Houston County, MN?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
6562-4.6%

Summary: The Houston County real estate market had 62 homes for sale in January 2024, a 4.6% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 66
0.0%
3 2823
-17.9%
4 2426
+8.3%
5+ 77
0.0%

Summary: The Houston County housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 17.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
15150.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Houston County, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Houston County in January 2024, the same as the previous month. Of the 15 sold homes, 60% were sold under asking, 13% were sold at asking, and 27% 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

Jan 2023Jan 2024CHANGE
15 Days73 Days+382.8%

Summary: Homes in Houston County had an average of 73 days on market in Jan 2024, up by 382.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Houston County has remained consistent over time.

Summary: During January 2024, 15 homes were sold in Houston County; 20% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% 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 27 Days Ago

Newest Listings in Houston County, MN

Nearby Markets to Houston County, MN

What housing markets are near Houston County, MN?