Is Bigfork, 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, Bigfork has remained a Seller's Market.
Housing Prices in Bigfork, MN
How much do homes in Bigfork, MN cost?
Median Sold Price
$280,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bigfork was $280,000 in April 2024, down 9.7% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $170K | -12.8% |
2 Bedrooms | $302.5K | $280K | -7.4% |
3 Bedrooms | $331.7K | $324.9K | -2.1% |
4 Bedrooms | $325K | $420K | +29.2% |
5+ Bedrooms | $379K | $361.9K | -4.5% |
Summary: Bigfork housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Cities
Bigfork | $310K | $280K | -9.7% |
Bigfork Township | $310K | $280K | -9.7% |
Housing Supply in Bigfork, MN
How many homes are available in Bigfork, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 17 | +54.5% |
Summary: The Bigfork real estate market had 17 homes for sale in April 2024, a 54.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 2 | 5 | +150.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Bigfork housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Bigfork in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Bigfork, MN
How long does it take to sell a home in Bigfork, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 2 Days | -73.3% |
Summary: Homes in Bigfork had an average of 2 days on market in Apr 2024, down by 73.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Bigfork; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.