March 6, 2024 – MyMarketPulse (mymarketpulse.com) just released the list of the Hottest Markets in Minnesota for January 2024.
Where are homes selling fastest and at the best prices? Curious if there are markets in Minnesota where there is a high demand for homes? MyMarketPulse took a deep dive into it, exploring where in Minnesota the markets are the hottest.
What We Found
We looked at each county, pulling up the median sale prices sales volume from Redfin, focusing on counties with 25 or more home sales per month. We assign a MarketPulse score based on the three-month weighted average of home sales volume and sale prices versus previous twelve months. Counties were then ranked from highest to lowest based on this score.
The Highlights
In Minnesota, the hottest-selling market is Winona County, where the MarketPulse Score is 100 and the median sales price comes in at $241,250 with 27 homes sold.
On the flip side, Crow Wing County sits at the bottom of the market with a MarketPulse Score of 80 with 40 homes sold.
Hottest Markets in Minnesota
1. Winona County. MarketPulse Score of 100
2. Kandiyohi County. MarketPulse Score of 98
3. Itasca County. MarketPulse Score of 95
4. Steele County. MarketPulse Score of 94
5. Isanti County. MarketPulse Score of 90
For more information about the Minnesota market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
MyMarketPulse – Know What the Pros Know