Is Stevens County, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stevens County is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Stevens County was a Seller's Market.

Key Takeaway

Stevens County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Stevens County, MN

How much do homes in Stevens County, MN cost?

Median Sold Price

$186,000

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$31,000(+20.0%)

Key Takeaway

Homes in Stevens County have sold for 20% more than they did a year ago.

Summary: The median home sold price in Stevens County was $186,000 in March 2024, up 20% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $33.4K$75K
+124.6%
2 $110.5K$118K
+6.8%
3 $164.7K$167K
+1.4%
4 $173.7K$207.5K
+19.4%
5+ $210K$312.5K
+48.8%

Summary: Stevens County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 124.6%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 48.8%.

Median Sold Price Compared To Nearby Counties

Douglas County
+21.5%
Stevens County
+20.0%
Grant County
+14.7%
Pope County
+7.6%
Big Stone County
-16.0%

Housing Supply in Stevens County, MN

How many homes are available in Stevens County, MN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
26260.0%

Summary: The Stevens County real estate market had 26 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 33
0.0%
3 1214
+16.7%
4 97
-22.2%
5+ 11
0.0%

Summary: The Stevens County 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stevens County, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Stevens County in March 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Stevens County, MN

How long does it take to sell a home in Stevens County, MN?

Average Sale Time

Mar 2023Mar 2024CHANGE
29 Days198 Days+564.4%

Summary: Homes in Stevens County had an average of 198 days on market in Mar 2024, up by 564.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Stevens County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Stevens County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

Newest Listings in Stevens County, MN

Nearby Markets to Stevens County, MN

What housing markets are near Stevens County, MN?