Is Rushford, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rushford is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Rushford has remained a Seller's Market.

Key Takeaway

Rushford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

-$92,500(-31.4%)

Key Takeaway

Homes in Rushford have sold for 31.4% less than they did a year ago.

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

# BEDSFeb 2023Feb 2024CHANGE
1 -$121.5K
N/A
2 $168.2K$171.9K
+2.2%
3 $191.5K$240K
+25.3%
4 $277.9K$257.5K
-7.3%
5+ $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 2024Feb 2024CHANGE
54-20.0%

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

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 32
-33.3%
5+ 00
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 2024Feb 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rushford, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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 2023Feb 2024CHANGE
4 Days77 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rushford has remained consistent over time.

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.

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

Report Updated 28 Days Ago

Newest Listings in Rushford, MN

Nearby Markets to Rushford, MN