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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stewartville is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in Stewartville, MN cost?

Median Sold Price

$273,450

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$31,950(+13.2%)

Key Takeaway

Homes in Stewartville have sold for 13.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $100K-
N/A
2 $194K$225K
+16.0%
3 $229K$255K
+11.4%
4 $280K$290K
+3.6%
5+ $326K$477.5K
+46.5%

How many homes are available in Stewartville, MN?

Number of Homes For Sale

Nov 2022Dec 2022%
2825-10.7%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 1110
-9.1%
3 98
-11.1%
4 76
-14.3%
5+ 11
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
36+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stewartville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Dec 2021Dec 2022%
28 Days44 Days+54.7%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Stewartville are selling fast, if you're buying plan to act quickly.

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

About Stewartville, MN

Homes for sale in Stewartville, MN have reached 25. The inventory of homes for sale in Stewartville, MN between November 2022 and December 2022 decreased by 10.7%. In December 2022 median list price was $273,450 and the average listing age was 44 days. Listing prices have changed in this real estate market between November 2022 and December 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 16%, prices of 3 bedrooms properties increased by 11.4%, 4 bedrooms properties became 3.6% more expensive, the cost of 5 bedrooms properties went up by 46.5%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, volume of 2 bedrooms homes went down by 9.1%, number of 3 bedrooms homes decreased by 11.1%, number of 4 bedrooms homes decreased by 14.3%, volume of 5 bedrooms homes stayed the same. In December 2022, from all listings sold in Stewartville, MN there were more than 1 sold above asking price, over 2 sold below and more than 3 were sold right at the asked price.