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 February 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

$275,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$19,333(+7.6%)

Key Takeaway

Homes in Houston County have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Houston County was $275,000 in February 2024, up 7.6% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $95K$168.5K
+77.4%
2 $159.9K$153.5K
-4.0%
3 $233K$269K
+15.5%
4 $303.2K$321.5K
+6.0%
5+ $511K$380K
-25.6%

Summary: Houston County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 77.4%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 25.6%.

Median Sold Price Compared To Nearby Counties

Winona County
+10.6%
Houston County
+7.6%
La Crosse County
+7.0%

Housing Supply in Houston County, MN

How many homes are available in Houston County, MN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6159-3.3%

Summary: The Houston County real estate market had 59 homes for sale in February 2024, a 3.3% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 77
0.0%
3 2222
0.0%
4 2626
0.0%
5+ 64
-33.3%

Summary: The Houston County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1610-37.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 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 10 homes were sold or pending in Houston County in February 2024, down by 37.5% month-over-month. Of the 10 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% 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

Feb 2023Feb 2024CHANGE
74 Days97 Days+31.3%

Summary: Homes in Houston County had an average of 97 days on market in Feb 2024, up by 31.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 February 2024, 10 homes were sold in Houston County; 10% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 28 Days Ago

Newest Listings in Houston County, MN

Nearby Markets to Houston County, MN

What housing markets are near Houston County, MN?