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 August 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

$464,950

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$68,050(-12.8%)

Key Takeaway

Homes in Carlos Township have sold for 12.8% less than they did a year ago.

Summary: The median home sold price in Carlos Township was $464,950 in August 2024, down 12.8% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $87.2K$135K
+54.7%
2 $252.7K$459.9K
+82.0%
3 $532.5K$430.4K
-19.2%
4 $534.9K$520K
-2.8%
5+ $975K$470.5K
-51.7%

Summary: Carlos Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.7%, 2 bedroom homes increased by 82%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 51.7%.

Median Sold Price Compared To Nearby Cities

Carlos
+32.8%
Alexandria Township
+9.3%
Carlos Township
-12.8%
Miltona Township
-36.2%

Housing Supply in Carlos Township, MN

How many homes are available in Carlos Township, MN?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
23230.0%

Summary: The Carlos Township real estate market had 23 homes for sale in August 2024, the same as July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 89
+12.5%
4 88
0.0%
5+ 44
0.0%

Summary: The Carlos Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
410+150.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carlos Township, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Carlos Township in August 2024, up by 150.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% 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

Aug 2023Aug 2024CHANGE
27 Days43 Days+57.2%

Summary: Homes in Carlos Township had an average of 43 days on market in Aug 2024, up by 57.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 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 August 2024, 10 homes were sold in Carlos Township; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% 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 15 Days Ago

Newest Listings in Carlos Township, MN

Nearby Markets to Carlos Township, MN

What housing markets are near Carlos Township, MN?