Listing Office: Counselor Realty Inc of Alex
Douglas County Housing Market Report December 2024•Douglas County, Minnesota
Housing Prices in Douglas County, MN
How much do homes in Douglas County, MN cost?
Housing Market Conditions
Is Douglas County, MN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Douglas County is a Seller's Market
Difference Since December 2023
Since last year, Douglas County has remained a Seller's Market.
Douglas 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 the last 12 months
Homes in Douglas County have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Douglas County was $340,060 in December 2024, up 3.1% from last year, and the median price per square foot was $180.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Grant County | $158K | $190.4K | +20.5% |
Douglas County | $329.7K | $340K | +3.1% |
Todd County | $197.4K | $200.4K | +1.5% |
Otter Tail County | $273.2K | $275.6K | +0.9% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
55+ Bedrooms | $548K | $470K | -14.2% |
11 Bedroom | $85K | $154.5K | +81.8% |
22 Bedrooms | $272K | $255K | -6.3% |
33 Bedrooms | $320K | $340K | +6.3% |
44 Bedrooms | $377.4K | $377.9K | 0.1% |
Summary: Douglas County housing price by bedroom type for December 2024, compared to the previous year. The home price for 5 bedroom homes decreased by -14.2%. The home price for 1 bedroom homes increased by +81.8%. The home price for 2 bedroom homes decreased by -6.3%. The home price for 3 bedroom homes increased by +6.3%. The home price for 4 bedroom homes increased by 0.1%.
Housing supply in Douglas County, MN
How many homes are available in Douglas County, MN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
152Last MonthDec 2024 | ||
1812 months agoNov 2024 | -16.0 % Change MoMNov – Dec |
Summary: The Douglas County real estate market had 152 homes for sale in Dec 2024, a 16.0 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
29Last MonthDec 2024 | ||
442 months agoNov 2024 | -34.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
55+ Bedrooms | 27 | 19 | -29.6% |
11 Bedroom | 4 | 2 | -50.0% |
22 Bedrooms | 37 | 30 | -18.9% |
33 Bedrooms | 65 | 57 | -12.3% |
44 Bedrooms | 48 | 44 | -8.3% |
Summary: Douglas County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 5 bedroom homes decreased by -29.6%. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -18.9%. The inventory for 3 bedroom homes decreased by -12.3%. The inventory for 4 bedroom homes decreased by -8.3%.
Asking Price vs. Sold Price
How much do homes in Douglas County, MN cost?
Over Asking Price4 Homes
At Asking Price6 Homes
Under Asking Price19 Homes
If you're buying a home in Douglas County, you may be able to get a good deal. 65.5% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Douglas County in December 2024, down by 34.1% month-over-month. Of the 29 sold homes, 66% were sold under asking, 21% were sold at asking, and and 14% were sold over asking.
Days on Market for Douglas County, MN
How long does it take to sell a home in Douglas County, MN?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days15 Homes
Over 90 Days2 Homes
Avg time on Rocket Homes in Douglas County has remained consistent over time.
Summary: During December 2024, 29 homes were sold in Douglas County; 41% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
50 DaysThis YearDec 2024 | ||
50 Days1 year agoDec 2023 | -0.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Douglas County had an average listing age of 50 days in Dec 2024, down by 0.4% compared to the previous year.
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Newest Listings in Douglas County, MN
What homes are available in Douglas County, MN?
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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., and Fargo Moorhead MLS for the period 01/01/2023 - 01/01/2025
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Last updated on: 1/17/2025, 11:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/1/2024, 10:10:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.