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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carlos Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Carlos Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Carlos Township, MN

How much do homes in Carlos Township, MN cost?

Median Sold Price

$450,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,000(-3.2%)

Key Takeaway

Homes in Carlos Township have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in Carlos Township was $450,000 in October 2024, down 3.2% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$152K
N/A
2 $325K$430K
+32.3%
3 $485K$602.5K
+24.2%
4 $564.9K$419K
-25.8%
5+ $750K$470.5K
-37.3%

Summary: Carlos 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 32.3%, 3 bedroom homes increased by 24.2%, 4 bedroom homes decreased by 25.8%, and 5+ bedroom homes decreased by 37.3%.

Median Sold Price Compared To Nearby Cities

Miltona Township
+15.5%
Alexandria Township
+5.4%
Carlos Township
-3.2%

Housing Supply in Carlos Township, MN

How many homes are available in Carlos Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1611-31.3%

Summary: The Carlos Township real estate market had 11 homes for sale in October 2024, a 31.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 53
-40.0%
4 74
-42.9%
5+ 22
0.0%

Summary: The Carlos 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 decreased by 40%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carlos Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Carlos Township in October 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Carlos Township, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days26 Days-23.7%

Summary: Homes in Carlos Township had an average of 26 days on market in Oct 2024, down by 23.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Carlos Township; 67% of homes were sold within 30 days, 33% 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 Carlos Township, MN

Nearby Markets to Carlos Township, MN

What housing markets are near Carlos Township, MN?