Goodhue County, MN Home Values & Market Trends

The median home price in Goodhue County, MN is $290,211.72. There were 569 home sales in Goodhue County, MN over the past 12 months. The median residential Goodhue County, MN home value for transactions over the previous year is $249,900. The number of current listings in Goodhue County, MN is 51, and the percentage of properties for sale is 51.00%. The county has 15 foreclosures, 2 bank owned properties, 13 headed for auction, and 51 properties for sale.

Goodhue County, MN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Red Wing

$ 320,212

$ 152/sqft

Wanamingo

$ 341,269

$ 121/sqft

Pine Island

$ 324,950

$ 173/sqft

Kenyon

$ 114,372

$ 98/sqft

Cannon Falls

$ 419,998

$ 153/sqft

Frontenac

$ --

$ --

Zumbrota

$ 304,900

$ 112/sqft

Dennison

$ --

$ --

Goodhue

$ 309,837

$ 134/sqft

Welch

$ --

$ --

Housing Market Summary for Goodhue County, MN

Apr 2023March 2024Change
Median Listing Price$294.7K$289K-1.93%
Median Sold Price$279.1K$289K3.55%
Homes For Sale365038.89%
Homes Sold375325-13.33%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Goodhue County, MN

Goodhue County, MN home values range from $18,821 to $5,036,276. Wanamingo is the priciest city with a median listing home price of $449,900, and Kenyon is most affordable with average house prices of around $179,000.

Foreclosure
There are 10 cities within Goodhue County, MN; within these cities, the median estimated home value for homes in foreclosure ranges from $555,091 in Red Wing to the lowest value of $100,200 in Red Wing. Foreclosure homes account for 0.00% of properties in Goodhue County, MN with Red Wing containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Goodhue County, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 10 cities within Goodhue County, MN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Goodhue County, MN ranges from the highest value of $200,750 in Cannon Falls to the lowest value of $183,555 in Red Wing. Bank owned homes and properties account for 0.01% of properties in Goodhue County, MN. There are 10 cities within Goodhue County, MN; Cannon Falls containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Red Wing has 7 auction properties, the highest number of properties going to auction in a single city in the state of Goodhue County, MN. Auction homes and other auction properties account for 0.08% of all properties in Goodhue County, MN. There are 10 cities within Goodhue County, MN; of those cities, the median estimated home value for homes going to auction ranges from $382,261 in Welch to the lowest value of $100,200 in Welch.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.30% of residential properties in Goodhue County, MN with Red Wing containing 34 homes for sale, the highest number of listed properties in a single city. There are 10 cities within Goodhue County, MN; homes for sale in those cities, have a range of median values from $341,269 in Wanamingo to the lowest value of $114,372 in Kenyon.
    Sold Homes
    The median value for recently sold homes ranges from $1,214,553 in Dennison to the lowest price of $22,865 in Dennison. There are 10 cities within Goodhue County, MN. Red Wing has 145 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.99% of properties in Goodhue County, MN.

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      Guide for Goodhue County, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.