$6,709 Closing Credit*
$565,000
2,888 SqFt
4 Beds
•1 Full Bath, 1 Partial
Listing Office: HomeAvenue Inc
Is Borgholm Township, 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, Borgholm Township was a Seller's Market.
Key Takeaway
Borgholm Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Borgholm Township, MN
How much do homes in Borgholm Township, MN cost?
Median Sold Price
$232,500
$107/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$67,500(-22.5%)
Key Takeaway
Homes in Borgholm Township have sold for 22.5% less than they did a month ago.
Summary: The median home sold price in Borgholm Township was $232,500 in December 2024, down 22.5% from last month, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $232.5K | N/A |
| 4 Bedrooms | $300K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Borgholm Township housing prices by bedroom type for December 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.
Housing Supply in Borgholm Township, MN
How many homes are available in Borgholm Township, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Summary: The Borgholm Township real estate market had 8 homes for sale in December 2024, a 60.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Borgholm Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
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 Borgholm 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 Borgholm Township in December 2024, the same as the previous 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 Borgholm Township, MN
How long does it take to sell a home in Borgholm Township, MN?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 56 Days | 4 Days | -92.9% |
Summary: Homes in Borgholm Township had an average of 4 days on market in Dec 2024, down by 92.9% 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 Borgholm Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Borgholm 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.
