Is Worthington, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Worthington has remained a Seller's Market.
Housing Prices in Worthington, MN
How much do homes in Worthington, MN cost?
Median Sold Price
$239,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Worthington was $239,000 in April 2024, up 9.4% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $99.5K | $109K | +9.5% |
2 Bedrooms | $137.2K | $180K | +31.1% |
3 Bedrooms | $224.5K | $237.5K | +5.8% |
4 Bedrooms | $278.5K | $305K | +9.5% |
5+ Bedrooms | $285K | $375K | +31.6% |
Summary: Worthington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 31.1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 31.6%.
Median Sold Price Compared To Nearby Cities
Worthington | $218.5K | $239K | +9.4% |
Worthington Township | $218.5K | $239K | +9.4% |
Housing Supply in Worthington, MN
How many homes are available in Worthington, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 43 | -4.4% |
Summary: The Worthington real estate market had 43 homes for sale in April 2024, a 4.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 14 | 16 | +14.3% |
4 Bedrooms | 19 | 16 | -15.8% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Worthington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Worthington in April 2024, down by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Worthington, MN
How long does it take to sell a home in Worthington, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 61 Days | +40.8% |
Summary: Homes in Worthington had an average of 61 days on market in Apr 2024, up by 40.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Worthington; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.