$7,955 Closing Credit*
$669,900
3,042 SqFt
4 Beds
•2 Full Baths
Listing Office: ACTION REALTY
Is Burlington 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, Burlington Township has remained a Seller's Market.
Key Takeaway
Burlington Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Burlington Township, MN
How much do homes in Burlington Township, MN cost?
Median Sold Price
$396,200
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$96,200(+32.1%)
Key Takeaway
Homes in Burlington Township have sold for 32.1% more than they did a year ago.
Summary: The median home sold price in Burlington Township was $396,200 in October 2024, up 32.1% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132.5K | - | N/A |
| 2 Bedrooms | $205K | $316.5K | +54.4% |
| 3 Bedrooms | $320K | $392.5K | +22.7% |
| 4 Bedrooms | $431.5K | $434.9K | +0.8% |
| 5+ Bedrooms | $640K | - | N/A |
Summary: Burlington 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 increased by 54.4%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Burlington Township | $300K | $396.2K | +32.1% |
| Frazee | $275.7K | $313K | +13.5% |
Housing Supply in Burlington Township, MN
How many homes are available in Burlington Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Burlington Township real estate market had 8 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Burlington 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 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 Burlington 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 Burlington Township in October 2024, up by 100.0% 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 Burlington Township, MN
How long does it take to sell a home in Burlington Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 87 Days | 93 Days | +6.3% |
Summary: Homes in Burlington Township had an average of 93 days on market in Oct 2024, up by 6.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Burlington Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 2 homes were sold in Burlington Township; 0% 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.
