$2,018 Closing Credit*
$169,900
1,152 SqFt
4 Beds
•1 Full Bath
Listing Office: Edina Realty, Inc.
Is Austin Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Austin Township has remained a Seller's Market.
Key Takeaway
Austin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Austin Township, MN
How much do homes in Austin Township, MN cost?
Median Sold Price
$184,833
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$13,708(+8.0%)
Key Takeaway
Homes in Austin Township have sold for 8% more than they did a year ago.
Summary: The median home sold price in Austin Township was $184,833 in December 2024, up 8% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $57.5K | $69.9K | +21.6% |
| 2 Bedrooms | $141K | $149.7K | +6.2% |
| 3 Bedrooms | $169.9K | $183.5K | +8.0% |
| 4 Bedrooms | $280K | $315K | +12.5% |
| 5+ Bedrooms | $280K | $347.4K | +24.1% |
Summary: Austin Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 24.1%.
Median Sold Price Compared To Nearby Cities
| Austin | $170K | $184.8K | +8.7% |
| Austin Township | $171.1K | $184.8K | +8.0% |
| Windom Township | $180K | $150K | -16.7% |
Housing Supply in Austin Township, MN
How many homes are available in Austin Township, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 121 | 97 | -19.8% |
Summary: The Austin Township real estate market had 97 homes for sale in December 2024, a 19.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 30 | 25 | -16.7% |
| 3 Bedrooms | 54 | 42 | -22.2% |
| 4 Bedrooms | 21 | 16 | -23.8% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The Austin Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 37 | 37 | 0.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Austin Township, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Austin Township in December 2024, the same as the previous month. Of the 37 sold homes, 54% were sold under asking, 24% were sold at asking, and 22% were sold over asking.
Days on Market for Austin Township, MN
How long does it take to sell a home in Austin Township, MN?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 48 Days | 48 Days | -0.2% |
Summary: Homes in Austin Township had an average of 48 days on market in Dec 2024, down by 0.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Austin Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 37 homes were sold in Austin Township; 43% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
