$6,530 Closing Credit*
$549,900
1,525 SqFt
2 Beds
•1 Full Bath
Listing Office: Affinity Real Estate Inc.
Is Arago Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Arago Township was a Seller's Market.
Key Takeaway
Arago Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Arago Township, MN
How much do homes in Arago Township, MN cost?
Median Sold Price
$199,500
$253/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
-$65,500(-24.7%)
Key Takeaway
Homes in Arago Township have sold for 24.7% less than they did a month ago.
Summary: The median home sold price in Arago Township was $199,500 in September 2024, down 24.7% from last month, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $199.5K | N/A |
| 3 Bedrooms | $256K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $749.9K | - | N/A |
Summary: Arago Township housing prices by bedroom type for September 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Arago Township | $265K | $199.5K | -24.7% |
| Lake Emma Township | $499.9K | $315K | -37.0% |
Housing Supply in Arago Township, MN
How many homes are available in Arago Township, MN?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The Arago Township real estate market had 9 homes for sale in September 2024, a 25.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Arago Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arago Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Arago Township in September 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Arago Township, MN
How long does it take to sell a home in Arago Township, MN?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 27 Days | 7 Days | -74.8% |
Summary: Homes in Arago Township had an average of 7 days on market in Sep 2024, down by 74.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Arago Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 1 homes were sold in Arago 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.
