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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arthur Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Arthur Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Arthur Township, MN

How much do homes in Arthur Township, MN cost?

Median Sold Price

$406,892

$155/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$66,892(+19.7%)

Key Takeaway

Homes in Arthur Township have sold for 19.7% more than they did a month ago.

Summary: The median home sold price in Arthur Township was $406,892 in December 2024, up 19.7% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $340K$406.8K
+19.7%
4 -$439.9K
N/A
5+ -$250K
N/A

Summary: Arthur Township housing prices by bedroom type for December 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 19.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Arthur Township
+19.7%
Knife Lake Township
-35.6%

Housing Supply in Arthur Township, MN

How many homes are available in Arthur Township, MN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
107-30.0%

Summary: The Arthur Township real estate market had 7 homes for sale in December 2024, a 30.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 74
-42.9%
4 11
0.0%
5+ 22
0.0%

Summary: The Arthur Township housing inventory by bedroom type for December 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 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arthur Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Arthur Township in December 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Arthur Township, MN

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

Average Sale Time

Nov 2024Dec 2024CHANGE
49 Days65 Days+33.3%

Summary: Homes in Arthur Township had an average of 65 days on market in Dec 2024, up by 33.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Arthur Township has remained consistent over time.

Summary: During December 2024, 3 homes were sold in Arthur Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 2 Days Ago

Newest Listings in Arthur Township, MN

Nearby Markets to Arthur Township, MN

What housing markets are near Arthur Township, MN?