$3,741 Closing Credit*
$315,000
1,696 SqFt
4 Beds
•1 Full Bath
Listing Office: Century 21 First Realty, Inc.
Is Albany Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Albany Township has remained a Seller's Market.
Key Takeaway
Albany Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Albany Township, MN
How much do homes in Albany Township, MN cost?
Median Sold Price
$250,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$8,750(-3.4%)
Key Takeaway
Homes in Albany Township have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in Albany Township was $250,000 in November 2024, down 3.4% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $238K | - | N/A |
| 2 Bedrooms | $234.9K | $265K | +12.8% |
| 3 Bedrooms | $203K | $226.9K | +11.8% |
| 4 Bedrooms | $313K | $310K | -1.0% |
| 5+ Bedrooms | $489.9K | $350K | -28.6% |
Summary: Albany Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 28.6%.
Median Sold Price Compared To Nearby Cities
| Albany | $252.5K | $250K | -1.0% |
| Avon Township | $324.6K | $318K | -2.0% |
| Albany Township | $258.7K | $250K | -3.4% |
Housing Supply in Albany Township, MN
How many homes are available in Albany Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Albany Township real estate market had 10 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Albany Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Albany Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Albany Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Albany Township, MN
How long does it take to sell a home in Albany Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 10 Days | -38.2% |
Summary: Homes in Albany Township had an average of 10 days on market in Nov 2024, down by 38.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Albany Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Albany Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
