Darrin Young, Listing Office: Legacy Real Estate Group LLC
Cook County Housing Market Report December 2024•Cook County, Minnesota
Housing Prices in Cook County, MN
How much do homes in Cook County, MN cost?
Housing Market Conditions
Is Cook County, MN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cook County is a Seller's Market
Difference Since November 2024
Last month, Cook County has remained a Seller's Market.
Cook County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in December 2024
Homes in Cook County have sold for 8% more than they did a month ago.
Summary: The median home sold price in Cook County was $382,200 in December 2024, up 8% from last month, and the median price per square foot was $345.
Median Sold Price By City
City | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
Cook County | $353.9K | $382.2K | +8.0% |
Lake County | $269K | $164.7K | -38.8% |
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | $172K | $270K | +57.0% |
22 Bedrooms | $348K | $371.1K | +6.6% |
33 Bedrooms | $591K | $594.5K | +0.6% |
44 Bedrooms | - | $462K | N/A |
55+ Bedrooms | - | - | N/A |
Summary: Cook County housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes increased by +57.0%. The home price for 2 bedroom homes increased by +6.6%. The home price for 3 bedroom homes increased by +0.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Cook County, MN
How many homes are available in Cook County, MN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
30Last MonthDec 2024 | ||
362 months agoNov 2024 | -16.7 % Change MoMNov – Dec |
Summary: The Cook County real estate market had 30 homes for sale in Dec 2024, a 16.7 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
9Last MonthDec 2024 | ||
102 months agoNov 2024 | -10.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 10 | 8 | -20.0% |
22 Bedrooms | 13 | 8 | -38.5% |
33 Bedrooms | 9 | 9 | 0.0% |
44 Bedrooms | 4 | 4 | 0.0% |
55+ Bedrooms | 0 | 1 | +100.0% |
Summary: Cook County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -20.0%. The inventory for 2 bedroom homes decreased by -38.5%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Cook County, MN cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price8 Homes
If you're buying a home in Cook County, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Cook County in December 2024, down by 10.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 0% were sold at asking, and and 11% were sold over asking.
Days on Market for Cook County, MN
How long does it take to sell a home in Cook County, MN?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Many homes in Cook County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 9 homes were sold in Cook County; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
27 DaysLast MonthDec 2024 | ||
53 Days1 month agoNov 2024 | -49.5 % Change MoMNov – Dec |
Summary: Homes in Cook County had an average listing age of 27 days in Dec 2024, down by 49.5% compared to the previous month.
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Newest Listings in Cook County, MN
What homes are available in Cook County, MN?
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MLS Disclaimers and Copyright
Based on information from Lake Superior Area MLS, and NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 11/01/2024 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.