$5,819 Closing Credit*
$490,000
624 SqFt
2 Beds
Sherry Anderson, Listing Office: Vermilion Land Office, Inc
Is Breitung Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
$452,500
$611/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$997,500(-68.8%)
Key Takeaway
Homes in Breitung Township have sold for 68.8% less than they did a month ago.
Summary: The median home sold price in Breitung Township was $452,500 in October 2024, down 68.8% from last month, and the median price per square foot was $611.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $295K | $430K | +45.8% |
| 3 Bedrooms | $1.4M | $475K | -67.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Breitung Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 45.8%, 3 bedroom homes decreased by 67.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Breitung Township | $1.4M | $452.5K | -68.8% |
| Eagles Nest Township | $450K | $135K | -70.0% |
Housing Supply in Breitung Township, MN
How many homes are available in Breitung Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Summary: The Breitung Township real estate market had 10 homes for sale in October 2024, a 28.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Breitung 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 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 4 homes were sold or pending in Breitung Township in October 2024, up by 33.3% month-over-month. Of the 4 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 41 Days | +28.9% |
Summary: Homes in Breitung Township had an average of 41 days on market in Oct 2024, up by 28.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Breitung Township has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Breitung Township; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
