Is Starbuck, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Starbuck has remained a Seller's Market.
Key Takeaway
Starbuck is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Starbuck, MN
How much do homes in Starbuck, MN cost?
Median Sold Price
$229,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Starbuck have sold for 6% more than they did a year ago.
Summary: The median home sold price in Starbuck was $229,000 in April 2024, up 6% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $385K | +600.0% |
| 2 Bedrooms | $163K | $203.5K | +24.8% |
| 3 Bedrooms | $221K | $179.9K | -18.6% |
| 4 Bedrooms | $273.1K | $238.2K | -12.8% |
| 5+ Bedrooms | $845K | - | N/A |
Summary: Starbuck housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 600%, 2 bedroom homes increased by 24.8%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes did not change.
Housing Supply in Starbuck, MN
How many homes are available in Starbuck, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The Starbuck real estate market had 10 homes for sale in April 2024, a 11.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Starbuck housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Starbuck, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Starbuck in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Starbuck, MN
How long does it take to sell a home in Starbuck, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 58 Days | 35 Days | -40.3% |
Summary: Homes in Starbuck had an average of 35 days on market in Apr 2024, down by 40.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Starbuck are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Starbuck; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
