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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brook Park Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Brook Park Township, MN

How much do homes in Brook Park Township, MN cost?

Median Sold Price

$248,500

$148/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$26,500(-9.6%)

Key Takeaway

Homes in Brook Park Township have sold for 9.6% less than they did a month ago.

Summary: The median home sold price in Brook Park Township was $248,500 in November 2024, down 9.6% from last month, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $225K$135K
-40.0%
3 -$362K
N/A
4 $397K-
N/A
5+ --
N/A

Summary: Brook Park 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 decreased by 40%, 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

Brook Park Township
-9.6%
Brook Park
-9.6%
Brook Park
-9.6%
Whited Township
-63.8%

Housing Supply in Brook Park Township, MN

How many homes are available in Brook Park Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1410-28.6%

Summary: The Brook Park Township real estate market had 10 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 33
0.0%
4 52
-60.0%
5+ 00
0.0%

Summary: The Brook Park 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 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

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 Brook Park 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 Brook Park Township in November 2024, down by 66.7% 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 Brook Park Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
42 Days6 Days-86.0%

Summary: Homes in Brook Park Township had an average of 6 days on market in Nov 2024, down by 86% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brook Park Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Brook Park 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.

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 Brook Park Township, MN

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