Is Hubbard 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, Hubbard County was a Seller's Market.
Housing Prices in Hubbard County, MN
How much do homes in Hubbard County, MN cost?
Median Sold Price
$322,933
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hubbard County was $322,933 in April 2024, up 21.4% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $148.5K | $234.4K | +57.9% |
2 Bedrooms | $246.5K | $247.1K | 0.3% |
3 Bedrooms | $269.4K | $329K | +22.1% |
4 Bedrooms | $335K | $378K | +12.8% |
5+ Bedrooms | $386K | $430K | +11.4% |
Summary: Hubbard County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.9%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 22.1%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Counties
Hubbard County | $266K | $322.9K | +21.4% |
Wadena County | $180K | $189.9K | +5.5% |
Clearwater County | $179.9K | $180K | 0.0% |
Cass County | $333.7K | $324.9K | -2.6% |
Becker County | $355K | $322K | -9.3% |
Housing Supply in Hubbard County, MN
How many homes are available in Hubbard County, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
115 | 126 | +9.6% |
Summary: The Hubbard County real estate market had 126 homes for sale in April 2024, a 9.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 10 | +42.9% |
2 Bedrooms | 26 | 26 | 0.0% |
3 Bedrooms | 53 | 58 | +9.4% |
4 Bedrooms | 20 | 22 | +10.0% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Hubbard County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 15 | -31.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Hubbard County in April 2024, down by 31.8% month-over-month. Of the 15 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Hubbard County, MN
How long does it take to sell a home in Hubbard County, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 69 Days | +47.8% |
Summary: Homes in Hubbard County had an average of 69 days on market in Apr 2024, up by 47.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Hubbard County; 53% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.