Is Grant 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, Grant County has remained a Neutral Market.
Key Takeaway
Grant 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 Grant County, MN
How much do homes in Grant County, MN cost?
Median Sold Price
$178,950
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Grant County have sold for 19.3% more than they did a year ago.
Summary: The median home sold price in Grant County was $178,950 in April 2024, up 19.3% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $53.5K | - | N/A |
| 2 Bedrooms | $139.9K | $125.5K | -10.3% |
| 3 Bedrooms | $132.5K | $179.9K | +35.8% |
| 4 Bedrooms | $197.5K | $212.4K | +7.6% |
| 5+ Bedrooms | $130K | $230K | +76.9% |
Summary: Grant 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 10.3%, 3 bedroom homes increased by 35.8%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 76.9%.
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% |
| Otter Tail County | $250.1K | $280.3K | +12.1% |
| Traverse County | $84K | $65.7K | -21.7% |
Housing Supply in Grant County, MN
How many homes are available in Grant County, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 33 | +37.5% |
Summary: The Grant County real estate market had 33 homes for sale in April 2024, a 37.5% 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 | 4 | 13 | +225.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Grant 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 225%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grant County, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Grant County in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Grant County, MN
How long does it take to sell a home in Grant County, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 58 Days | 63 Days | +9.3% |
Summary: Homes in Grant County had an average of 63 days on market in Apr 2024, up by 9.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grant County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Grant County; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
