$27,500
Land
Listing Office: Edina Realty
September 2024
Report Updated 30 Days Ago
Is Renville County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Renville County has remained a Seller's Market.
How much do homes in Renville County, MN cost?
$167,500
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Renville County was $167,500 in September 2024, up 13.5% from last year, and the median price per square foot was $104.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $77.7K | $210K | +170.1% |
2 Bedrooms | $119K | $97K | -18.5% |
3 Bedrooms | $147K | $159.5K | +8.5% |
4 Bedrooms | $190K | $230K | +21.1% |
5+ Bedrooms | $190K | $255K | +34.2% |
Summary: Renville County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 170.1%, 2 bedroom homes decreased by 18.5%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 34.2%.
Redwood County | $135K | $160.3K | +18.8% |
Kandiyohi County | $239.6K | $280K | +16.9% |
Yellow Medicine County | $140K | $163K | +16.4% |
Renville County | $147.5K | $167.5K | +13.5% |
Brown County | $170K | $180K | +5.9% |
How many homes are available in Renville County, MN?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
49 | 50 | +2.0% |
Summary: The Renville County real estate market had 50 homes for sale in September 2024, a 2.0% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 24 | 25 | +4.2% |
4 Bedrooms | 13 | 11 | -15.4% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Renville County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 100%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
15 | 9 | -40.0% |
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Renville County in September 2024, down by 40.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in Renville County, MN?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
13 Days | 24 Days | +78.6% |
Summary: Homes in Renville County had an average of 24 days on market in Sep 2024, up by 78.6% compared to last year.
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During September 2024, 9 homes were sold in Renville County; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago
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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 10/01/2022 - 10/01/2024
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Last updated on: 10/31/2024, 6:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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