Is Rushford, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Rushford has remained a Seller's Market.
Housing Prices in Rushford, MN
How much do homes in Rushford, MN cost?
Median Sold Price
$202,500
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Rushford was $202,500 in February 2024, down 31.4% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $121.5K | N/A |
2 Bedrooms | $168.2K | $171.9K | +2.2% |
3 Bedrooms | $191.5K | $240K | +25.3% |
4 Bedrooms | $277.9K | $257.5K | -7.3% |
5+ Bedrooms | $410K | - | N/A |
Summary: Rushford housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 25.3%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes did not change.
Housing Supply in Rushford, MN
How many homes are available in Rushford, MN?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Summary: The Rushford real estate market had 4 homes for sale in February 2024, a 20.0% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rushford housing inventory by bedroom type for February 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 decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Rushford in February 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Rushford, MN
How long does it take to sell a home in Rushford, MN?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
4 Days | 77 Days | +1825.0% |
Summary: Homes in Rushford had an average of 77 days on market in Feb 2024, up by 1825% 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
Summary: During February 2024, 1 homes were sold in Rushford; 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.