$5,878 Closing Credit*
$495,000
4,000 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Real Broker, LLC
Is Belgrade 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, Belgrade Township has remained a Seller's Market.
Key Takeaway
Belgrade Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belgrade Township, MN
How much do homes in Belgrade Township, MN cost?
Median Sold Price
$253,000
$138/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$14,800(+6.2%)
Key Takeaway
Homes in Belgrade Township have sold for 6.2% more than they did a month ago.
Summary: The median home sold price in Belgrade Township was $253,000 in October 2024, up 6.2% from last month, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $172.5K | N/A |
| 3 Bedrooms | $327K | - | N/A |
| 4 Bedrooms | $149.4K | $308K | +106.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Belgrade 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 did not change, 4 bedroom homes increased by 106.2%, and 5+ bedroom homes did not change.
Housing Supply in Belgrade Township, MN
How many homes are available in Belgrade Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The Belgrade Township real estate market had 12 homes for sale in October 2024, a 9.1% increase 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 | 4 | 4 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Belgrade 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 increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belgrade Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Belgrade Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Belgrade Township, MN
How long does it take to sell a home in Belgrade Township, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 36 Days | -41.4% |
Summary: Homes in Belgrade Township had an average of 36 days on market in Oct 2024, down by 41.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Belgrade Township has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Belgrade Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
