Is Walker, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Walker was a Neutral Market.
Key Takeaway
Walker is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Walker, MN
How much do homes in Walker, MN cost?
Median Sold Price
$411,897
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Walker have sold for 23% more than they did a year ago.
Summary: The median home sold price in Walker was $411,897 in March 2024, up 23% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149.9K | $120K | -19.9% |
| 2 Bedrooms | $270.8K | $365K | +34.8% |
| 3 Bedrooms | $292.4K | $435K | +48.7% |
| 4 Bedrooms | $488.9K | $500K | +2.3% |
| 5+ Bedrooms | $949.9K | $767.5K | -19.2% |
Summary: Walker housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.9%, 2 bedroom homes increased by 34.8%, 3 bedroom homes increased by 48.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 19.2%.
Housing Supply in Walker, MN
How many homes are available in Walker, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 33 | -2.9% |
Summary: The Walker real estate market had 33 homes for sale in March 2024, a 2.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Walker housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Walker, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Walker in March 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Walker, MN
How long does it take to sell a home in Walker, MN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 161 Days | 133 Days | -17.0% |
Summary: Homes in Walker had an average of 133 days on market in Mar 2024, down by 17% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Walker are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 3 homes were sold in Walker; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
