$5,878 Closing Credit*
$495,000
3,136 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Edina Realty, Inc. - Duluth
Is Birch Creek 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, Birch Creek Township has remained a Seller's Market.
Key Takeaway
Birch Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Birch Creek Township, MN
How much do homes in Birch Creek Township, MN cost?
Median Sold Price
$380,000
$317/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$60,000(-13.6%)
Key Takeaway
Homes in Birch Creek Township have sold for 13.6% less than they did a month ago.
Summary: The median home sold price in Birch Creek Township was $380,000 in October 2024, down 13.6% from last month, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $380K | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $440K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Birch Creek 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 did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Birch Creek Township | $440K | $380K | -13.6% |
| Bremen Township | $380K | $255K | -32.9% |
Housing Supply in Birch Creek Township, MN
How many homes are available in Birch Creek Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Summary: The Birch Creek Township real estate market had 3 homes for sale in October 2024, a 40.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Birch Creek 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 decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Birch Creek Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Birch Creek Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Birch Creek Township, MN
How long does it take to sell a home in Birch Creek Township, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 383 Days | +2088.6% |
Summary: Homes in Birch Creek Township had an average of 383 days on market in Oct 2024, up by 2088.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Birch Creek Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Birch Creek Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
