Is Taylors Falls, 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, Taylors Falls was a Neutral Market.
Key Takeaway
Taylors Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Taylors Falls, MN
How much do homes in Taylors Falls, MN cost?
Median Sold Price
$280,000
$181/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Taylors Falls have sold for 30% less than they did a month ago.
Summary: The median home sold price in Taylors Falls was $280,000 in April 2024, down 30% from last month, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $280K | N/A |
| 3 Bedrooms | $650K | - | N/A |
| 4 Bedrooms | $149.9K | - | N/A |
| 5+ Bedrooms | - | $282K | N/A |
Summary: Taylors Falls housing prices by bedroom type for April 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.
Housing Supply in Taylors Falls, MN
How many homes are available in Taylors Falls, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The Taylors Falls real estate market had 16 homes for sale in April 2024, a 33.3% 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Taylors Falls 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 increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Taylors Falls, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Taylors Falls in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Taylors Falls, MN
How long does it take to sell a home in Taylors Falls, MN?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 93 Days | 51 Days | -45.1% |
Summary: Homes in Taylors Falls had an average of 51 days on market in Apr 2024, down by 45.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Taylors Falls are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Taylors Falls; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
