Is La Crescent, 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, La Crescent has remained a Seller's Market.
Housing Prices in La Crescent, MN
How much do homes in La Crescent, MN cost?
Median Sold Price
$330,000
$153/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in La Crescent was $330,000 in April 2024, the same as last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $162.5K | $260.7K | +60.5% |
3 Bedrooms | $313.9K | $304.9K | -2.9% |
4 Bedrooms | $335K | $465K | +38.8% |
5+ Bedrooms | $593.2K | $515.5K | -13.1% |
Summary: La Crescent 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 increased by 60.5%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 38.8%, and 5+ bedroom homes decreased by 13.1%.
Median Sold Price Compared To Nearby Cities
La Crescent | $330K | $330K | 0.0% |
La Crescent Township | $330K | $330K | 0.0% |
Housing Supply in La Crescent, MN
How many homes are available in La Crescent, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 45 | +15.4% |
Summary: The La Crescent real estate market had 45 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 | 1 | 1 | 0.0% |
3 Bedrooms | 18 | 24 | +33.3% |
4 Bedrooms | 15 | 11 | -26.7% |
5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The La Crescent 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in La Crescent in April 2024, up by 33.3% month-over-month. Of the 12 sold homes, 17% were sold under asking, 25% were sold at asking, and 58% were sold over asking.
Days on Market for La Crescent, MN
How long does it take to sell a home in La Crescent, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 68 Days | +147.6% |
Summary: Homes in La Crescent had an average of 68 days on market in Apr 2024, up by 147.6% compared to last year.
Breakdown of Home Sale Times
3 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, 12 homes were sold in La Crescent; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.