Luverne, MN Housing Market

Homes for sale

The Luverne housing market is not very competitive. The median sale price of a home in Luverne was $293K last month, up 23.4% since last year. The median sale price per square foot in Luverne is $197, up 97.0% since last year.

Trends
Demand
Migration
Schools
Climate

Luverne Housing Market Trends

What is the housing market like in Luverne today?

$293K

Sale Price

+23.4%
since last year

$197

Sale $/Sq. Ft.

+97.0%
since last year

Under List Price

3.5%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Luverne and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Luverne add value to a home.

How hot is the Luverne housing market?

Luverne is not very competitive. Homes sell in 82 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 82 days.
Hot homes
can sell for around list price and go pending in around 35 days.

Compare With Nearby Cities

Garretson

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 65 days.
Hot homes
can sell for around list price and go pending in around 50 days.

See more nearby cities and neighborhoods

Luverne Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Luverne that sold recently

Recently sold homes

SOLD JUN 27, 2025
$285,000 Last Sold Price
3 beds
3 baths
—sq ft
1113 Elm Cv, Luverne, MN 56156
List Price
$299,900
Sale to List
5% under list
Days on Market
309 days
1113 Elm Cv, Luverne, MN 56156
SOLD JUN 27, 2025
$85,000 Last Sold Price
2 beds
2 baths
1,178 sq ft
429 Donaldson St, Luverne, MN 56156
List Price
$110,000
Sale to List
23% under list
Days on Market
62 days
429 Donaldson St, Luverne, MN 56156
SOLD JUN 27, 2025
$187,000 Last Sold Price
5 beds
2 baths
1,608 sq ft
504 N Cedar St, Luverne, MN 56156
List Price
$191,900
Sale to List
3% under list
Days on Market
72 days
504 N Cedar St, Luverne, MN 56156
SOLD JUN 20, 2025
$182,000 Last Sold Price
3 beds
3 baths
—sq ft
121 E Barck Ave, Luverne, MN 56156
List Price
$189,000
Sale to List
4% under list
Days on Market
49 days
121 E Barck Ave, Luverne, MN 56156
SOLD JUN 16, 2025
$199,900 Last Sold Price
3 beds
1.5 baths
1,936 sq ft
209 NE Park St, Luverne, MN 56156
List Price
$199,900
Sale to List
0% over list
Days on Market
108 days
209 NE Park St, Luverne, MN 56156
SOLD JUN 16, 2025
$181,900 Last Sold Price
2 beds
1 bath
1,204 sq ft
1018 N Elm St, Luverne, MN 56156
List Price
$179,900
Sale to List
1% over list
Days on Market
74 days
1018 N Elm St, Luverne, MN 56156
SOLD JUN 16, 2025
$349,000 Last Sold Price
3 beds
2 baths
2,828 sq ft
1015 CEDAR St, Luverne, MN 56156
List Price
$349,000
Sale to List
0% over list
Days on Market
128 days
1015 CEDAR St, Luverne, MN 56156
SOLD JUN 13, 2025
$379,900 Last Sold Price
4 beds
3 baths
—sq ft
1106 Cherry Dr, Luverne, MN 56156
List Price
$379,900
Sale to List
0% over list
Days on Market
39 days
1106 Cherry Dr, Luverne, MN 56156
See all recently sold homes in Luverne.
See listings

Schools in Luverne

Learn about schools in the Luverne area

Elementary
Middle
High

GreatSchools Rating

8/10

Luverne Elementary School

Public • PreK-5

524

Students

N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Luverne housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Luverne.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

96% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Luverne

New Listings in Luverne

Nearby City Housing Markets

Zip Code Housing Markets

56156 Housing Market

Nearby City Listings

Zip Code Listings

56156 Real Estate

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