Cromwell Housing Market Report February 2025•Carlton County, Minnesota

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Housing Prices in Cromwell, MN

How much do homes in Cromwell, MN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$234,900$225/SqFt
-$25,100
-9.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Cromwell has decreased by 9.7% since last year.

Summary: The median home list price in Cromwell was $234,900 in February 2025, down 9.7% from the previous year, and the median price per square foot was $225.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$145K-
N/A
2$234.9K$234.9K
0.0%
3$375K$307.4K
-18.0%
4$675K$470K
-30.4%
5--
N/A

Summary: Cromwell housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -18.0%. The home price for 4 bedroom homes decreased by -30.4%. The home price for 5 bedroom homes did not change.

Housing supply in Cromwell, MN

How many homes are available in Cromwell, MN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1Last MonthFeb 2025
12 months agoJan 2025
0.0 %
Change MoMJan – Feb

Summary: The Cromwell real estate market had 1 homes for sale in Feb 2025, the same as Jan 2025

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
200
0.0%
311
0.0%
400
0.0%
500
0.0%

Summary: Cromwell housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Cromwell, MN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Cromwell, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Cromwell in February 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Cromwell, MN

How long does it take to sell a home in Cromwell, MN?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Cromwell are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 1 homes were sold in Cromwell; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
146 DaysThis YearFeb 2025
211 Days1 year agoFeb 2024
-30.8 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Cromwell had an average listing age of 146 days in Feb 2025, down by 30.8% compared to the previous year.

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Newest Listings in Cromwell, MN

What homes are available in Cromwell, MN?

New listings aren’t available for Cromwell, MN

Nearby markets

Nearby markets aren't available for Cromwell, MN

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