Paynesville, MN

Leaning buyer's+17.9% YoY

Housing market overview · Updated weekly

$253,576median sale price

Homes sold

3

Last 12 weeks

Days on market

62

Average pace

Active listings

12

4.0 months supply

Sale-to-list

99.9%

Below asking

The Paynesville housing market is currently classified as a leaning buyer's with a median sale price of $253,576. Prices have risen 17.9% compared to last year, with homes spending an average of 62 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.

Market trends

Homes for sale in Paynesville

There are currently 12 homes listed for sale in Paynesville, Mn. The median listing price is $195K.

Active listings

12

Homes on market

Median list price

$195K

Avg. days on market

62

Days until sale

New this week

4

Newly listed

Price drops:25.0%of listings
Sale-to-list:99.9%

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Frequently asked questions

What is the average home price in Paynesville?

The median home sale price in Paynesville is $253,576, up 17.9% from last year.

How long do homes stay on market in Paynesville?

Homes typically spend 62 days on market before going under contract.

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

With 4.0 months of supply, Paynesville is currently a leaning buyer's.

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