Is Dodge Center, 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, Dodge Center has remained a Seller's Market.
Housing Prices in Dodge Center, MN
How much do homes in Dodge Center, MN cost?
Median Sold Price
$255,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dodge Center was $255,000 in April 2024, up 13.4% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $89.9K | $80K | -11.0% |
2 Bedrooms | $165K | $202K | +22.4% |
3 Bedrooms | $214.9K | $260K | +21.0% |
4 Bedrooms | $275K | $282K | +2.5% |
5+ Bedrooms | $431.2K | $287.4K | -33.3% |
Summary: Dodge Center housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11%, 2 bedroom homes increased by 22.4%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 33.3%.
Housing Supply in Dodge Center, MN
How many homes are available in Dodge Center, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Summary: The Dodge Center real estate market had 15 homes for sale in April 2024, a 15.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 5 | 3 | -40.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Dodge Center 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 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 20%, 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
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Dodge Center in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Dodge Center, MN
How long does it take to sell a home in Dodge Center, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 59 Days | +510.3% |
Summary: Homes in Dodge Center had an average of 59 days on market in Apr 2024, up by 510.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Dodge Center; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.