$500,000
850 SqFt
2 Beds
•1 Full Bath
Anna Yahnke, Listing Office: Bear Island Realty LLC
October 2024
Report Updated 2 Days Ago
Is Birch Lake, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Birch Lake was a Seller's Market.
How much do homes in Birch Lake, MN cost?
$153,000
$115/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
Summary: The median home sold price in Birch Lake was $153,000 in October 2024, down 76.4% from last month, and the median price per square foot was $115.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $649K | - | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | - | $153K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Birch Lake 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.
Morse Township | $257K | $732K | +184.8% |
Eagles Nest Township | $450K | $135K | -70.0% |
Birch Lake | $649K | $153K | -76.4% |
How many homes are available in Birch Lake, MN?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Summary: The Birch Lake real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Birch Lake 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 decreased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Birch Lake 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.
How long does it take to sell a home in Birch Lake, MN?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
4 Days | 4 Days | -11.1% |
Summary: Homes in Birch Lake had an average of 4 days on market in Oct 2024, down by 11.1% compared to last month.
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During October 2024, 1 homes were sold in Birch Lake; 100% of homes were sold within 30 days, 0% 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
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MLS Disclaimers and Copyright
Based on information from Lake Superior Area MLS, and NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 09/01/2024 - 11/01/2024
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/3/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/3/2024, 12:52:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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