$7,719 Closing Credit*
$650,000
3,323 SqFt
5 Beds
•2 Full Baths, 1 Partial
Listing Office: Edina Realty, Inc.
Is Avon Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Avon Township was a Seller's Market.
Key Takeaway
Avon Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Avon Township, MN
How much do homes in Avon Township, MN cost?
Median Sold Price
$325,215
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,215(+2.6%)
Key Takeaway
Homes in Avon Township have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Avon Township was $325,215 in October 2024, up 2.6% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $238K | - | N/A |
| 2 Bedrooms | $225K | $297.4K | +32.2% |
| 3 Bedrooms | $336K | $325.2K | -3.2% |
| 4 Bedrooms | $330K | $390.2K | +18.3% |
| 5+ Bedrooms | $314K | $305.9K | -2.6% |
Summary: Avon Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.2%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Cities
| Avon Township | $317K | $325.2K | +2.6% |
| Avon | $317K | $322.5K | +1.8% |
Housing Supply in Avon Township, MN
How many homes are available in Avon Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The Avon Township real estate market had 20 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 11 | 8 | -27.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Avon Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Avon 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 Avon Township in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Avon Township, MN
How long does it take to sell a home in Avon Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 33 Days | -42.1% |
Summary: Homes in Avon Township had an average of 33 days on market in Oct 2024, down by 42.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Avon Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Avon Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
