$7,719 Closing Credit*
$650,000
2,463 SqFt
4 Beds
•1 Full Bath, 1 Partial
Reisa Varin, Listing Office: RE/MAX Results
Is Alborn Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Alborn Township has remained a Seller's Market.
Key Takeaway
Alborn Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alborn Township, MN
How much do homes in Alborn Township, MN cost?
Median Sold Price
$387,500
$171/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$87,500(+29.2%)
Key Takeaway
Homes in Alborn Township have sold for 29.2% more than they did a month ago.
Summary: The median home sold price in Alborn Township was $387,500 in November 2024, up 29.2% from last month, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $300K | $387.5K | +29.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Alborn Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 29.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Alborn Township | $300K | $387.5K | +29.2% |
| Alborn | $300K | $387.5K | +29.2% |
Housing Supply in Alborn Township, MN
How many homes are available in Alborn Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The Alborn Township real estate market had 3 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 | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Alborn 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alborn Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Alborn Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Alborn Township, MN
How long does it take to sell a home in Alborn Township, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 Days | 24 Days | +1100.0% |
Summary: Homes in Alborn Township had an average of 24 days on market in Nov 2024, up by 1100% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alborn Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Alborn Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
