Is Hubbard County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hubbard County was a Seller's Market.
Key Takeaway
Hubbard County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hubbard County, MN
How much do homes in Hubbard County, MN cost?
Median Sold Price
$322,933
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hubbard County have sold for 21.4% more than they did a year ago.
Summary: The median home sold price in Hubbard County was $322,933 in April 2024, up 21.4% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $148.5K | $234.4K | +57.9% |
| 2 Bedrooms | $246.5K | $247.1K | 0.3% |
| 3 Bedrooms | $269.4K | $329K | +22.1% |
| 4 Bedrooms | $335K | $378K | +12.8% |
| 5+ Bedrooms | $386K | $430K | +11.4% |
Summary: Hubbard County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.9%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 22.1%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Counties
| Hubbard County | $266K | $322.9K | +21.4% |
| Wadena County | $180K | $189.9K | +5.5% |
| Clearwater County | $179.9K | $180K | 0.0% |
| Cass County | $333.7K | $324.9K | -2.6% |
| Becker County | $355K | $322K | -9.3% |
Housing Supply in Hubbard County, MN
How many homes are available in Hubbard County, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 115 | 126 | +9.6% |
Summary: The Hubbard County real estate market had 126 homes for sale in April 2024, a 9.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 10 | +42.9% |
| 2 Bedrooms | 26 | 26 | 0.0% |
| 3 Bedrooms | 53 | 58 | +9.4% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Hubbard County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 15 | -31.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hubbard County, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Hubbard County in April 2024, down by 31.8% month-over-month. Of the 15 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Hubbard County, MN
How long does it take to sell a home in Hubbard County, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 69 Days | +47.8% |
Summary: Homes in Hubbard County had an average of 69 days on market in Apr 2024, up by 47.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hubbard County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in Hubbard County; 53% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
