Is Meeker 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, Meeker County has remained a Seller's Market.
Housing Prices in Meeker County, MN
How much do homes in Meeker County, MN cost?
Median Sold Price
$264,200
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Meeker County was $264,200 in April 2024, up 9.2% 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 | $75K | $208.7K | +178.4% |
2 Bedrooms | $245K | $242.5K | -1.0% |
3 Bedrooms | $212.5K | $238.2K | +12.1% |
4 Bedrooms | $295.9K | $305K | +3.1% |
5+ Bedrooms | $380K | $300.7K | -20.9% |
Summary: Meeker County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 178.4%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 20.9%.
Median Sold Price Compared To Nearby Counties
Kandiyohi County | $230K | $264.9K | +15.2% |
Meeker County | $242K | $264.2K | +9.2% |
Stearns County | $261.4K | $270K | +3.3% |
Wright County | $363.6K | $375.7K | +3.3% |
McLeod County | $249.9K | $254.7K | +1.9% |
Housing Supply in Meeker County, MN
How many homes are available in Meeker County, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 64 | +4.9% |
Summary: The Meeker County real estate market had 64 homes for sale in April 2024, a 4.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 17 | 18 | +5.9% |
3 Bedrooms | 22 | 24 | +9.1% |
4 Bedrooms | 18 | 17 | -5.6% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Meeker County 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 increased by 5.9%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Meeker County in April 2024, up by 13.3% month-over-month. Of the 17 sold homes, 41% were sold under asking, 24% were sold at asking, and 35% were sold over asking.
Days on Market for Meeker County, MN
How long does it take to sell a home in Meeker County, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
87 Days | 40 Days | -53.8% |
Summary: Homes in Meeker County had an average of 40 days on market in Apr 2024, down by 53.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Meeker County; 71% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.