Backus, MN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Backus, MN is $210,000. Homes sell in an average of 42 days with 2 active listings. The market is currently a seller's market.
$210,000median sale price
Is Backus a buyer's or seller's market?
Backus, MN is currently a seller's market, based on 2.0 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
42
Average pace
Active listings
2
2.0 months supply
Sale-to-list
100.0%
Above asking
Backus, MN market data
| Metric | Value |
|---|---|
| Median sale price | $210,000 |
| Average days on market | 42 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Backus housing market is currently classified as a seller's market with a median sale price of $210,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 42 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Backus
There are currently 2 homes listed for sale in Backus, Minnesota.
Active listings
2
Homes on market
Avg. days on market
42
Days until sale
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Frequently asked questions
What is the average home price in Backus?
The median home sale price in Backus is $210,000, down 0.0% from last year.
How long do homes stay on market in Backus?
Homes typically spend 42 days on market before going under contract.
Is Backus a buyer's or seller's market?
With 2.0 months of supply, Backus is currently a seller's market.
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