$64,900
14.60 Acres
Land
Chuck Carstensen, Listing Office: Re/max Results- Elk River
Is Ball Bluff Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Ball Bluff Township has remained a Seller's Market.
Key Takeaway
Ball Bluff Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ball Bluff Township, MN
How much do homes in Ball Bluff Township, MN cost?
Median Sold Price
$195,000
$185/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$190,000(-49.4%)
Key Takeaway
Homes in Ball Bluff Township have sold for 49.4% less than they did a month ago.
Summary: The median home sold price in Ball Bluff Township was $195,000 in October 2024, down 49.4% from last month, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $195K | N/A |
| 3 Bedrooms | $385K | $440K | +14.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Ball Bluff Township housing prices by bedroom type for October 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 14.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ball Bluff Township | $385K | $195K | -49.4% |
| Jacobson | $385K | $195K | -49.4% |
Housing Supply in Ball Bluff Township, MN
How many homes are available in Ball Bluff Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Ball Bluff Township real estate market had 4 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ball Bluff Township housing inventory by bedroom type for October 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ball Bluff Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Ball Bluff Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ball Bluff Township, MN
How long does it take to sell a home in Ball Bluff Township, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 Days | 30 Days | -59.1% |
Summary: Homes in Ball Bluff Township had an average of 30 days on market in Oct 2024, down by 59.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ball Bluff Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Ball Bluff Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
