Question 1

What is the median sold price in Emmerson?

Accepted Answer

The median sold price in Emmerson is $275,000 based on 13 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Emmerson?

Accepted Answer

The average sold price in Emmerson is $367,769. Note that the average ($367,769) is higher than the median ($275,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Emmerson?

Accepted Answer

Home prices in Emmerson range from $217,500 to $746,000 based on recent sales data. This $528,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Emmerson selling above or below asking price?

Accepted Answer

On average, homes in Emmerson are selling at 97.7% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Emmerson?

Accepted Answer

Homes in Emmerson are selling in an average of 385 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Emmerson?

Accepted Answer

The average price per square foot in Emmerson is $246. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $492,000.

Question 7

How active is the real estate market in Emmerson?

Accepted Answer

The Emmerson market has seen 13 home sales over the past 2 years, with 2 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

What types of properties are selling in Emmerson?

Accepted Answer

The most common property types selling in Emmerson are: detached single family (8 sold, avg $447,063), half duplex (3 sold, avg $254,000), townhouse (2 sold, avg $221,250). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Emmerson?

Accepted Answer

Detached homes in Emmerson are selling for an average of $447,063, with 8 sales over the past 2 years.

Question 10

How much do townhouses cost in Emmerson?

Accepted Answer

Townhouses in Emmerson are selling for an average of $221,250, with 2 sales over the past 2 years. Townhouses often provide a middle ground between condo living and detached home ownership.

Question 11

Are home prices rising or falling in Emmerson?

Accepted Answer

Home prices in Emmerson have increased by 36.3% over the past 2 years. The average sold price moved from $231,167 to $315,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 12

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

Accepted Answer

Based on current data, Emmerson is a buyer's market. Homes are selling in 385 days on average and at 97.7% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 13

What percentage of homes sell above asking price in Emmerson?

Accepted Answer

In Emmerson, 0% of homes sold above asking price, while 77% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 14

What are the average property taxes in Emmerson?

Accepted Answer

The average annual property tax in Emmerson is $3,312, with a median of $2,605. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 15

What size homes are selling in Emmerson?

Accepted Answer

Homes selling in Emmerson range from 988 to 2,549 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 16

How much do home prices vary in Emmerson?

Accepted Answer

Emmerson shows moderate price diversity with a standard deviation of $179,312 around the average price of $367,769. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 17

How do I find out how much a house sold for in Emmerson?

Accepted Answer

Simply search our Emmerson sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 18

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Emmerson will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 19

Do you show all MLS® sold listings for Emmerson?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Emmerson. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Emmerson Sold Prices & Sale History

Emmerson Sold Data Overview

Recently Sold in Emmerson

What's Happening in Emmerson Real Estate

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2-Year Market Trends: All Property Types

Negotiation & Cost Insights

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