Is Slayton, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Slayton was a Buyer's Market.
Key Takeaway
Slayton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Slayton, MN
How much do homes in Slayton, MN cost?
Median Sold Price
$120,000
$75/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Slayton have sold for 50% less than they did a month ago.
Summary: The median home sold price in Slayton was $120,000 in March 2024, down 50% from last month, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $155K | N/A |
| 3 Bedrooms | - | $120K | N/A |
| 4 Bedrooms | $240K | - | N/A |
| 5+ Bedrooms | - | $115K | N/A |
Summary: Slayton housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Slayton | $240K | $120K | -50.0% |
| Slayton Township | $240K | $120K | -50.0% |
Housing Supply in Slayton, MN
How many homes are available in Slayton, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Summary: The Slayton real estate market had 15 homes for sale in March 2024, a 50.0% increase 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Slayton 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 increased by 200%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Slayton, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Slayton in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Slayton, MN
How long does it take to sell a home in Slayton, MN?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 98 Days | 30 Days | -69.4% |
Summary: Homes in Slayton had an average of 30 days on market in Mar 2024, down by 69.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Slayton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Slayton; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
