$49,900
Land
Listing Office: RES Realty
Is Center Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Center Township was a Seller's Market.
Key Takeaway
Center Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Center Township, MN
How much do homes in Center Township, MN cost?
Median Sold Price
$445,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$65,100(+17.1%)
Key Takeaway
Homes in Center Township have sold for 17.1% more than they did a year ago.
Summary: The median home sold price in Center Township was $445,000 in November 2024, up 17.1% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $211K | N/A |
| 2 Bedrooms | $360K | - | N/A |
| 3 Bedrooms | $264.5K | $445K | +68.2% |
| 4 Bedrooms | $560K | $531.5K | -5.1% |
| 5+ Bedrooms | $480K | - | N/A |
Summary: Center Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 68.2%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Center Township | $379.9K | $445K | +17.1% |
| Merrifield | $459K | $430K | -6.3% |
Housing Supply in Center Township, MN
How many homes are available in Center Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Center Township real estate market had 10 homes for sale in November 2024, a 9.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Center 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Center Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Center Township in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Center Township, MN
How long does it take to sell a home in Center Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 21 Days | +61.5% |
Summary: Homes in Center Township had an average of 21 days on market in Nov 2024, up by 61.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Center Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Center 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.
