Is Crow Wing 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, Crow Wing County has remained a Seller's Market.
Housing Prices in Crow Wing County, MN
How much do homes in Crow Wing County, MN cost?
Median Sold Price
$350,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Crow Wing County was $350,000 in April 2024, up 3.6% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $173.7K | $179.9K | +3.5% |
2 Bedrooms | $238K | $264.2K | +11.0% |
3 Bedrooms | $339.5K | $330.5K | -2.7% |
4 Bedrooms | $403K | $420K | +4.2% |
5+ Bedrooms | $590K | $560K | -5.1% |
Summary: Crow Wing County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 11%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 5.1%.
Median Sold Price Compared To Nearby Counties
Morrison County | $235.7K | $251.2K | +6.6% |
Crow Wing County | $337.7K | $350K | +3.6% |
Aitkin County | $262.4K | $263.5K | 0.4% |
Cass County | $333.7K | $324.9K | -2.6% |
Mille Lacs County | $305K | $296K | -2.9% |
Housing Supply in Crow Wing County, MN
How many homes are available in Crow Wing County, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
407 | 474 | +16.5% |
Summary: The Crow Wing County real estate market had 474 homes for sale in April 2024, a 16.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 11 | -21.4% |
2 Bedrooms | 78 | 86 | +10.3% |
3 Bedrooms | 165 | 196 | +18.8% |
4 Bedrooms | 100 | 129 | +29.0% |
5+ Bedrooms | 50 | 52 | +4.0% |
Summary: The Crow Wing County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 21.4%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 29%, and 5+ bedroom homes increased by 4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
79 | 86 | +8.9% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 86 homes were sold or pending in Crow Wing County in April 2024, up by 8.9% month-over-month. Of the 86 sold homes, 51% were sold under asking, 26% were sold at asking, and 23% were sold over asking.
Days on Market for Crow Wing County, MN
How long does it take to sell a home in Crow Wing County, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 35 Days | -22.6% |
Summary: Homes in Crow Wing County had an average of 35 days on market in Apr 2024, down by 22.6% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 86 homes were sold in Crow Wing County; 63% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.