Is Le Sueur County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Le Sueur County was a Seller's Market.
Housing Prices in Le Sueur County, MN
How much do homes in Le Sueur County, MN cost?
Median Sold Price
$294,250
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Le Sueur County was $294,250 in February 2024, up 5.5% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $89.9K | $47.5K | -47.2% |
2 Bedrooms | $201K | $264.1K | +31.4% |
3 Bedrooms | $279.9K | $275.4K | -1.6% |
4 Bedrooms | $307K | $320.5K | +4.4% |
5+ Bedrooms | $405K | $447K | +10.4% |
Summary: Le Sueur County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.2%, 2 bedroom homes increased by 31.4%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Counties
Waseca County | $210.5K | $242.5K | +15.2% |
Rice County | $306.9K | $326.5K | +6.4% |
Le Sueur County | $278.9K | $294.2K | +5.5% |
Scott County | $415.1K | $406K | -2.2% |
Sibley County | $225K | $215K | -4.4% |
Housing Supply in Le Sueur County, MN
How many homes are available in Le Sueur County, MN?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
61 | 72 | +18.0% |
Summary: The Le Sueur County real estate market had 72 homes for sale in February 2024, a 18.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 8 | 13 | +62.5% |
3 Bedrooms | 40 | 42 | +5.0% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Le Sueur County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 62.5%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Le Sueur County in February 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Le Sueur County, MN
How long does it take to sell a home in Le Sueur County, MN?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
78 Days | 84 Days | +7.0% |
Summary: Homes in Le Sueur County had an average of 84 days on market in Feb 2024, up by 7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 8 homes were sold in Le Sueur County; 25% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.