Housing Prices in Mentor, MN

How much do homes in Mentor, MN cost?

Median List Price

$599,000

$293/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$150,000(+33.4%)

Key Takeaway

The list price of homes in Mentor has increased by 33.4% since last year.

Summary: The median home list price in Mentor was $599,000 in March 2024, up 33.4% from the previous year, and the median price per square foot was $293.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$164K
N/A
2 $389.9K$381.2K
-2.2%
3 $428.5K$599K
+39.8%
4 $710K$195K
-72.5%
5+ $1.2M$1.2M
0.0%

Summary: Mentor 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 2.2%, 3 bedroom homes increased by 39.8%, 4 bedroom homes decreased by 72.5%, and 5+ bedroom homes did not change.

Housing Supply in Mentor, MN

How many homes are available in Mentor, MN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
550.0%

Summary: The Mentor real estate market had 5 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 22
0.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Mentor 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Mentor, MN

How long does it take to sell a home in Mentor, MN?

Average Listing Age

Mar 2023Mar 2024CHANGE
319 Days151 Days-52.7%

Summary: Homes in Mentor had an average listing age of 151 days in Mar 2024, down by 52.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Mentor, MN

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