Is Jenkins, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jenkins has remained a Seller's Market.
Key Takeaway
Jenkins is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jenkins, MN
How much do homes in Jenkins, MN cost?
Median Sold Price
$377,500
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Jenkins have sold for 64.2% more than they did a year ago.
Summary: The median home sold price in Jenkins was $377,500 in April 2024, up 64.2% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $318K | $149.9K | -52.9% |
| 2 Bedrooms | $119.9K | - | N/A |
| 3 Bedrooms | $229.9K | $377.5K | +64.2% |
| 4 Bedrooms | $215K | $478K | +122.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jenkins housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 64.2%, 4 bedroom homes increased by 122.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jenkins | $229.9K | $377.5K | +64.2% |
| Pequot Lakes | $426.5K | $395K | -7.4% |
| Pequot Lakes | $420K | $386K | -8.1% |
Housing Supply in Jenkins, MN
How many homes are available in Jenkins, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The Jenkins real estate market had 2 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jenkins 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 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 Jenkins, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Jenkins in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Jenkins, MN
How long does it take to sell a home in Jenkins, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 88 Days | +2833.3% |
Summary: Homes in Jenkins had an average of 88 days on market in Apr 2024, up by 2833.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jenkins has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Jenkins; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
