Is Rock 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, Rock County was a Seller's Market.
Housing Prices in Rock County, MN
How much do homes in Rock County, MN cost?
Median Sold Price
$167,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rock County was $167,000 in April 2024, down 7.2% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60.9K | - | N/A |
2 Bedrooms | $161.2K | $79.9K | -50.4% |
3 Bedrooms | $172.9K | $174.9K | +1.1% |
4 Bedrooms | $187.5K | $225K | +20.0% |
5+ Bedrooms | $251K | $399.9K | +59.3% |
Summary: Rock County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 50.4%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 59.3%.
Median Sold Price Compared To Nearby Counties
Nobles County | $195K | $226.4K | +16.1% |
Pipestone County | $154.5K | $164.5K | +6.5% |
Rock County | $180K | $167K | -7.2% |
Housing Supply in Rock County, MN
How many homes are available in Rock County, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 64 | +60.0% |
Summary: The Rock County real estate market had 64 homes for sale in April 2024, a 60.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 17 | 28 | +64.7% |
4 Bedrooms | 9 | 20 | +122.2% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Rock County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 64.7%, 4 bedroom homes increased by 122.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Rock County in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Rock County, MN
How long does it take to sell a home in Rock County, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 63 Days | -13.9% |
Summary: Homes in Rock County had an average of 63 days on market in Apr 2024, down by 13.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Rock County; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.