Is Stevens 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, Stevens County was a Buyer's Market.
Key Takeaway
Stevens County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Stevens County, MN
How much do homes in Stevens County, MN cost?
Median Sold Price
$188,500
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Stevens County have sold for 17.8% more than they did a year ago.
Summary: The median home sold price in Stevens County was $188,500 in April 2024, up 17.8% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $33.4K | $75K | +124.6% |
| 2 Bedrooms | $106K | $116.5K | +9.9% |
| 3 Bedrooms | $171K | $178.5K | +4.4% |
| 4 Bedrooms | $162.5K | $207.5K | +27.7% |
| 5+ Bedrooms | $259.5K | $312.5K | +20.4% |
Summary: Stevens County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 124.6%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes increased by 20.4%.
Median Sold Price Compared To Nearby Counties
| Douglas County | $280.5K | $344.6K | +22.9% |
| Grant County | $150K | $178.9K | +19.3% |
| Stevens County | $159.9K | $188.5K | +17.8% |
| Pope County | $223.5K | $244.5K | +9.4% |
| Big Stone County | $161K | $148K | -8.1% |
Housing Supply in Stevens County, MN
How many homes are available in Stevens County, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 33 | +13.8% |
Summary: The Stevens County real estate market had 33 homes for sale in April 2024, a 13.8% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 15 | 18 | +20.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Stevens 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 decreased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stevens County, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Stevens County in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Stevens County, MN
How long does it take to sell a home in Stevens County, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 126 Days | 49 Days | -60.9% |
Summary: Homes in Stevens County had an average of 49 days on market in Apr 2024, down by 60.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Stevens County has remained consistent over time.
Summary: During April 2024, 5 homes were sold in Stevens County; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
