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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bird Island Township is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bird Island Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Bird Island Township, MN

How much do homes in Bird Island Township, MN cost?

Median Sold Price

$185,000

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$76,550(+70.6%)

Key Takeaway

Homes in Bird Island Township have sold for 70.6% more than they did a year ago.

Summary: The median home sold price in Bird Island Township was $185,000 in November 2024, up 70.6% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $95K$158.4K
+66.8%
3 $93.7K$180K
+92.1%
4 $180K$185K
+2.8%
5+ -$360K
N/A

Summary: Bird Island Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 66.8%, 3 bedroom homes increased by 92.1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bird Island Township
+70.6%
Bird Island
+68.3%
Olivia
+6.0%

Housing Supply in Bird Island Township, MN

How many homes are available in Bird Island Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The Bird Island Township real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Bird Island 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bird Island 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 Bird Island Township in November 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Bird Island Township, MN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days72 Days+100.0%

Summary: Homes in Bird Island Township had an average of 72 days on market in Nov 2024, up by 100% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bird Island Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Bird Island Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

Newest Listings in Bird Island Township, MN

Nearby Markets to Bird Island Township, MN