$5,569 Closing Credit*
$469,000
1,500 SqFt
3 Beds
•1 Full Bath
Listing Office: RE/MAX Results - Nisswa
Is Birch Lake 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 Lake Township has remained a Seller's Market.
Key Takeaway
Birch Lake Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Birch Lake Township, MN
How much do homes in Birch Lake Township, MN cost?
Median Sold Price
$315,000
$208/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$232,500(-42.5%)
Key Takeaway
Homes in Birch Lake Township have sold for 42.5% less than they did a month ago.
Summary: The median home sold price in Birch Lake Township was $315,000 in November 2024, down 42.5% from last month, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $547.5K | $315K | -42.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Birch Lake Township housing prices by bedroom type for November 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 decreased by 42.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Woodrow Township | $340K | $300K | -11.8% |
| Birch Lake Township | $547.5K | $315K | -42.5% |
| Hackensack | $666K | $300K | -55.0% |
| Hiram Township | $666K | $232K | -65.2% |
Housing Supply in Birch Lake Township, MN
How many homes are available in Birch Lake Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Birch Lake Township real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Birch Lake Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Birch Lake Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Birch Lake Township in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Birch Lake Township, MN
How long does it take to sell a home in Birch Lake Township, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 4 Days | -20.0% |
Summary: Homes in Birch Lake Township had an average of 4 days on market in Nov 2024, down by 20% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Birch Lake Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Birch Lake Township; 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.
