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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bigfork Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bigfork Township has remained a Seller's Market.

Key Takeaway

Bigfork Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bigfork Township, MN

How much do homes in Bigfork Township, MN cost?

Median Sold Price

$445,000

$478/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$257,090(+136.8%)

Key Takeaway

Homes in Bigfork Township have sold for 136.8% more than they did a month ago.

Summary: The median home sold price in Bigfork Township was $445,000 in November 2024, up 136.8% from last month, and the median price per square foot was $478.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $181.2K$377K
+108.0%
2 $250.9K$445K
+77.4%
3 $144.3K$1.5M
+967.1%
4 --
N/A
5+ --
N/A

Summary: Bigfork Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 108%, 2 bedroom homes increased by 77.4%, 3 bedroom homes increased by 967.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bigfork Township
+136.8%
Bigfork
+136.8%

Housing Supply in Bigfork Township, MN

How many homes are available in Bigfork Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1410-28.6%

Summary: The Bigfork Township real estate market had 10 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 54
-20.0%
3 54
-20.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Bigfork Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bigfork 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 Bigfork Township in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Bigfork Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
45 Days43 Days-5.0%

Summary: Homes in Bigfork Township had an average of 43 days on market in Nov 2024, down by 5% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bigfork Township has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Bigfork 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.

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

Report Updated 2 Days Ago

Newest Listings in Bigfork Township, MN

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