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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Breitung Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Breitung Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Breitung Township, MN

How much do homes in Breitung Township, MN cost?

Median Sold Price

$670,000

$305/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$217,500(+48.1%)

Key Takeaway

Homes in Breitung Township have sold for 48.1% more than they did a month ago.

Summary: The median home sold price in Breitung Township was $670,000 in November 2024, up 48.1% from last month, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $430K$670K
+55.8%
3 $475K-
N/A
4 --
N/A
5+ --
N/A

Summary: Breitung 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 increased by 55.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Breitung Township
+48.1%
Tower
-7.7%

Housing Supply in Breitung Township, MN

How many homes are available in Breitung Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
108-20.0%

Summary: The Breitung Township real estate market had 8 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 53
-40.0%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Breitung 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 40%, 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
42-50.0%

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 Breitung 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 Breitung Township in November 2024, down by 50.0% month-over-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 Breitung Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
41 Days126 Days+205.5%

Summary: Homes in Breitung Township had an average of 126 days on market in Nov 2024, up by 205.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Breitung Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Breitung Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 Breitung Township, MN

Nearby Markets to Breitung Township, MN

What housing markets are near Breitung Township, MN?