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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brandon Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Brandon Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Brandon Township, MN

How much do homes in Brandon Township, MN cost?

Median Sold Price

$279,900

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$115,100(-29.1%)

Key Takeaway

Homes in Brandon Township have sold for 29.1% less than they did a year ago.

Summary: The median home sold price in Brandon Township was $279,900 in November 2024, down 29.1% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $319.9K$166.9K
-47.8%
3 $592.5K$390K
-34.2%
4 $275K$175K
-36.4%
5+ $619.9K$415K
-33.1%

Summary: Brandon 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 decreased by 47.8%, 3 bedroom homes decreased by 34.2%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 33.1%.

Median Sold Price Compared To Nearby Cities

Brandon Township
-29.1%
Brandon
-37.5%

Housing Supply in Brandon Township, MN

How many homes are available in Brandon Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
880.0%

Summary: The Brandon Township real estate market had 8 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 10
-100.0%
3 55
0.0%
4 11
0.0%
5+ 12
+100.0%

Summary: The Brandon 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brandon Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Brandon Township in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Brandon Township, MN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
6 Days61 Days+925.0%

Summary: Homes in Brandon Township had an average of 61 days on market in Nov 2024, up by 925% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Brandon Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Brandon Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in Brandon Township, MN

Nearby Markets to Brandon Township, MN

What housing markets are near Brandon Township, MN?