Is Wabasha 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, Wabasha County has remained a Seller's Market.
Housing Prices in Wabasha County, MN
How much do homes in Wabasha County, MN cost?
Median Sold Price
$287,466
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wabasha County was $287,466 in April 2024, up 8.5% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $257K | $241.2K | -6.1% |
2 Bedrooms | $246.9K | $277.9K | +12.5% |
3 Bedrooms | $253K | $260K | +2.8% |
4 Bedrooms | $350K | $322.5K | -7.9% |
5+ Bedrooms | $397.5K | $359K | -9.7% |
Summary: Wabasha County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 9.7%.
Median Sold Price Compared To Nearby Counties
Buffalo County | $177.5K | $230K | +29.6% |
Wabasha County | $265K | $287.4K | +8.5% |
Goodhue County | $287.3K | $291.9K | +1.6% |
Olmsted County | $315K | $318.9K | +1.3% |
Pepin County | $231.9K | $225K | -3.0% |
Housing Supply in Wabasha County, MN
How many homes are available in Wabasha County, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 77 | +5.5% |
Summary: The Wabasha County real estate market had 77 homes for sale in April 2024, a 5.5% 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 | 10 | 13 | +30.0% |
3 Bedrooms | 29 | 33 | +13.8% |
4 Bedrooms | 26 | 25 | -3.8% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Wabasha 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 increased by 30%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 23 | +53.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Wabasha County in April 2024, up by 53.3% month-over-month. Of the 23 sold homes, 48% were sold under asking, 26% were sold at asking, and 26% were sold over asking.
Days on Market for Wabasha County, MN
How long does it take to sell a home in Wabasha County, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 49 Days | -19.9% |
Summary: Homes in Wabasha County had an average of 49 days on market in Apr 2024, down by 19.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Wabasha County; 70% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.