Is Lonsdale, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Lonsdale was a Neutral Market.
Housing Prices in Lonsdale, MN
How much do homes in Lonsdale, MN cost?
Median Sold Price
$352,500
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lonsdale was $352,500 in March 2024, up 0.7% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $246.5K | $227.5K | -7.7% |
3 Bedrooms | $352.4K | $341K | -3.2% |
4 Bedrooms | $345K | $370K | +7.2% |
5+ Bedrooms | $395K | $430K | +8.9% |
Summary: Lonsdale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 8.9%.
Median Sold Price Compared To Nearby Cities
Lonsdale | $349.9K | $352.5K | +0.7% |
Webster Township | $520K | $506.2K | -2.6% |
Housing Supply in Lonsdale, MN
How many homes are available in Lonsdale, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 23 | -8.0% |
Summary: The Lonsdale real estate market had 23 homes for sale in March 2024, a 8.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Lonsdale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lonsdale in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Lonsdale, MN
How long does it take to sell a home in Lonsdale, MN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
8 Days | 15 Days | +91.7% |
Summary: Homes in Lonsdale had an average of 15 days on market in Mar 2024, up by 91.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Lonsdale; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.