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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baytown Township is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Baytown Township was a Seller's Market.

Key Takeaway

Baytown 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 Baytown Township, MN

How much do homes in Baytown Township, MN cost?

Median Sold Price

$1,017,500

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$40,000(-3.8%)

Key Takeaway

Homes in Baytown Township have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Baytown Township was $1,017,500 in October 2024, down 3.8% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$694.9K
N/A
3 $1.2M$729K
-41.7%
4 $840K$1.0M
+29.0%
5+ $1.3M$1.1M
-11.5%

Summary: Baytown 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 did not change, 3 bedroom homes decreased by 41.7%, 4 bedroom homes increased by 29%, and 5+ bedroom homes decreased by 11.5%.

Median Sold Price Compared To Nearby Cities

Stillwater
+7.4%
Baytown Township
-3.8%
Oak Park Heights
-7.6%

Housing Supply in Baytown Township, MN

How many homes are available in Baytown Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1819+5.6%

Summary: The Baytown Township real estate market had 19 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 11
0.0%
4 77
0.0%
5+ 89
+12.5%

Summary: The Baytown 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baytown Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Baytown Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Baytown Township, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days29 Days+20.3%

Summary: Homes in Baytown Township had an average of 29 days on market in Oct 2024, up by 20.3% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Baytown Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Baytown 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.

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

Report Updated 17 Days Ago

Newest Listings in Baytown Township, MN

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What housing markets are near Baytown Township, MN?