$7,124 Closing Credit*
$599,900
2,322 SqFt
3 Beds
•1 Full Bath
Listing Office: Edina Realty, Inc.
Is Brandon Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$245,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$150,000(-38.0%)
Key Takeaway
Homes in Brandon Township have sold for 38% less than they did a year ago.
Summary: The median home sold price in Brandon Township was $245,000 in October 2024, down 38% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $166.9K | -20.5% |
| 3 Bedrooms | $493.7K | $380K | -23.0% |
| 4 Bedrooms | $325K | $177.5K | -45.4% |
| 5+ Bedrooms | $619.9K | $415K | -33.1% |
Summary: Brandon Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.5%, 3 bedroom homes decreased by 23%, 4 bedroom homes decreased by 45.4%, and 5+ bedroom homes decreased by 33.1%.
Median Sold Price Compared To Nearby Cities
| Brandon Township | $395K | $245K | -38.0% |
| Brandon | $313.5K | $187.4K | -40.2% |
Housing Supply in Brandon Township, MN
How many homes are available in Brandon Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Brandon Township real estate market had 10 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Brandon Township 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 50%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brandon Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Brandon Township in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 25 Days | -32.5% |
Summary: Homes in Brandon Township had an average of 25 days on market in Oct 2024, down by 32.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brandon Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Brandon Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
