Is Wabasha County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Wabasha County has remained a Seller's Market.
Housing Prices in Wabasha County, MN
How much do homes in Wabasha County, MN cost?
Median Sold Price
$288,450
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Wabasha County was $288,450 in March 2024, up 11.2% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $236K | $241.2K | +2.2% |
2 Bedrooms | $240K | $288.9K | +20.4% |
3 Bedrooms | $246.2K | $275K | +11.7% |
4 Bedrooms | $315K | $313.5K | -0.5% |
5+ Bedrooms | $397.5K | $330K | -17.0% |
Summary: Wabasha County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 17%.
Median Sold Price Compared To Nearby Counties
Buffalo County | $175K | $235K | +34.3% |
Wabasha County | $259.4K | $288.4K | +11.2% |
Pepin County | $225K | $231.9K | +3.1% |
Olmsted County | $316.1K | $315K | -0.3% |
Goodhue County | $287.5K | $285K | -0.9% |
Housing Supply in Wabasha County, MN
How many homes are available in Wabasha County, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
58 | 75 | +29.3% |
Summary: The Wabasha County real estate market had 75 homes for sale in March 2024, a 29.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 10 | +66.7% |
3 Bedrooms | 21 | 30 | +42.9% |
4 Bedrooms | 21 | 26 | +23.8% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Wabasha 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 increased by 66.7%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 15 | +66.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Wabasha County in March 2024, up by 66.7% month-over-month. Of the 15 sold homes, 53% were sold under asking, 13% were sold at asking, and 33% were sold over asking.
Days on Market for Wabasha County, MN
How long does it take to sell a home in Wabasha County, MN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 90 Days | +95.0% |
Summary: Homes in Wabasha County had an average of 90 days on market in Mar 2024, up by 95% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Wabasha County; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.