Is Arna Township, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arna Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Arna Township has remained a Seller's Market.

Key Takeaway

Arna Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Arna Township, MN

How much do homes in Arna Township, MN cost?

Median Sold Price

$265,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$141,250(+114.1%)

Key Takeaway

Homes in Arna Township have sold for 114.1% more than they did a year ago.

Summary: The median home sold price in Arna Township was $265,000 in November 2024, up 114.1% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $123.7K$45K
-63.6%
3 -$265K
N/A
4 -$265K
N/A
5+ --
N/A

Summary: Arna 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 decreased by 63.6%, 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

Arna Township
+114.1%
Danbury
-4.3%

Housing Supply in Arna Township, MN

How many homes are available in Arna Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
330.0%

Summary: The Arna Township real estate market had 3 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 00
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Arna 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arna Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Arna Township in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Arna Township, MN

How long does it take to sell a home in Arna Township, MN?

Average Sale Time

Nov 2023Nov 2024CHANGE
72 Days98 Days+36.1%

Summary: Homes in Arna Township had an average of 98 days on market in Nov 2024, up by 36.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Arna Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Arna Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Arna Township, MN

Nearby Markets to Arna Township, MN

What housing markets are near Arna Township, MN?