Is Cass County, 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, Cass County has remained a Seller's Market.
Housing Prices in Cass County, MN
How much do homes in Cass County, MN cost?
Median Sold Price
$324,933
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cass County was $324,933 in April 2024, down 2.6% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $181.5K | $156K | -14.0% |
2 Bedrooms | $281.4K | $275K | -2.3% |
3 Bedrooms | $358.5K | $360K | 0.4% |
4 Bedrooms | $430K | $370K | -14.0% |
5+ Bedrooms | $548.1K | $621.7K | +13.4% |
Summary: Cass County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Counties
Hubbard County | $266K | $322.9K | +21.4% |
Itasca County | $235K | $243.4K | +3.6% |
Crow Wing County | $337.7K | $350K | +3.6% |
Aitkin County | $262.4K | $263.5K | 0.4% |
Cass County | $333.7K | $324.9K | -2.6% |
Housing Supply in Cass County, MN
How many homes are available in Cass County, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
139 | 166 | +19.4% |
Summary: The Cass County real estate market had 166 homes for sale in April 2024, a 19.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 39 | 45 | +15.4% |
3 Bedrooms | 69 | 78 | +13.0% |
4 Bedrooms | 15 | 21 | +40.0% |
5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Cass County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 34 | +30.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Cass County in April 2024, up by 30.8% month-over-month. Of the 34 sold homes, 41% were sold under asking, 24% were sold at asking, and 35% were sold over asking.
Days on Market for Cass County, MN
How long does it take to sell a home in Cass County, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 56 Days | +60.0% |
Summary: Homes in Cass County had an average of 56 days on market in Apr 2024, up by 60% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in Cass County; 59% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.