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Sarah Mitchell

CNESRESABR

Compass Real Estate · Nowthen, MN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Nowthen, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Nowthen, MN Housing Market & Real Estate

Balanced market+56.3% YoY

Housing market overview · Updated monthly ·

$593,750median sale price

How is the Nowthen, MN housing market right now?

The median home sale price in Nowthen, MN is $593,750, up 56.3% year-over-year. Homes sell in an average of 50 days with 8 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Nowthen a buyer's or seller's market?

Balanced market4.0 months of supply50 avg. days on market

Nowthen, MN is currently a balanced market, based on 4.0 months of supply and homes selling in about 50 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

50

Average pace

Active listings

8

4.0 months supply

Sale-to-list

101.5%

Above asking

What does the Nowthen housing market data show?

Current housing market statistics for Nowthen, MN
MetricValue
Median sale price$593,750
Median list price$750,000
Year-over-year price change+56.3%
Average days on market50 days
Active inventory8 listings
Months of supply4.0 months
Sale-to-list price ratio101.5%
Median price per sq ft$216/sq ft
Homes sold (latest month)2
New listings (latest month)5
Listings with a price cut25.0%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Nowthen by property type?

How the Nowthen, MN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Nowthen, MN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$593,750$216/sq ft250 days

Source: Redfin · Updated monthly

The Nowthen housing market is currently classified as a balanced market with a median sale price of $593,750. Prices have risen 56.3% compared to last year, with homes spending an average of 50 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Nowthen

There are currently 8 homes listed for sale in Nowthen, Minnesota. The median listing price is $750K.

Active listings

8

Homes on market

Median list price

$750K

Avg. days on market

50

Days until sale

New this week

5

Newly listed

Price drops:25.0%of listings
Sale-to-list:101.5%

Who lives in Nowthen?

Population

4,539

Median income

$134,491/yr

Median age

40.5 years

Owner-occupied

97.5%

College grads

40.3%

Avg commute

25.6 min

Source: U.S. Census Bureau ACS

What is it like to live in Nowthen?

Nowthen is a community of approximately 5K residents with a median age of 40.5 years.The median household income is $134,491, which reflects a relatively affluent area with strong earning potential. 40.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 97.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Nowthen offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Nowthen, MN?

Want a head-to-head view? Compare Nowthen side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Nowthen?

The median home sale price in Nowthen is $593,750, up 56.3% from last year.

How long do homes stay on market in Nowthen?

Homes typically spend 50 days on market before going under contract.

What is the median income in Nowthen?

The median household income is $134,491 per year.

Is Nowthen a buyer's or seller's market?

With 4.0 months of supply, Nowthen is currently a balanced market.

How much does a single-family home cost in Nowthen?

The median single-family home price in Nowthen, MN is $593,750 (about $216 per square foot).

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