$2,730 Closing Credit*
$229,900
912 SqFt
3 Beds
•1 Full Bath
Listing Office: Real Broker, LLC.
Is Byron Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Byron Township was a Seller's Market.
Key Takeaway
Byron Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Byron Township, MN
How much do homes in Byron Township, MN cost?
Median Sold Price
$376,700
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,950(+7.7%)
Key Takeaway
Homes in Byron Township have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Byron Township was $376,700 in October 2024, up 7.7% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $299.6K | $267.2K | -10.8% |
| 3 Bedrooms | $325.3K | $325K | -0.1% |
| 4 Bedrooms | $359.9K | $446.2K | +24.0% |
| 5+ Bedrooms | $575K | $572.5K | -0.4% |
Summary: Byron 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 10.8%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 24%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Cities
| Byron Township | $349.7K | $376.7K | +7.7% |
| New Richland Township | $206.9K | $182K | -12.1% |
Housing Supply in Byron Township, MN
How many homes are available in Byron Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 66 | +22.2% |
Summary: The Byron Township real estate market had 66 homes for sale in October 2024, a 22.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 20 | 25 | +25.0% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Byron 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 increased by 15.4%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Byron Township, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Byron Township in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Byron Township, MN
How long does it take to sell a home in Byron Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 41 Days | -30.1% |
Summary: Homes in Byron Township had an average of 41 days on market in Oct 2024, down by 30.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Byron Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Byron Township; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
