$5,047 Closing Credit*
$425,000
2,216 SqFt
4 Beds
•1 Full Bath
Listing Office: Premier Real Estate Services
Is Clearwater 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, Clearwater Township was a Seller's Market.
Key Takeaway
Clearwater Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clearwater Township, MN
How much do homes in Clearwater Township, MN cost?
Median Sold Price
$327,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,000(+0.6%)
Key Takeaway
Homes in Clearwater Township have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Clearwater Township was $327,000 in November 2024, up 0.6% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $327.9K | $299.9K | -8.6% |
| 3 Bedrooms | $320K | $328.7K | +2.7% |
| 4 Bedrooms | $318K | $347.6K | +9.3% |
| 5+ Bedrooms | $460.6K | $385K | -16.4% |
Summary: Clearwater 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 decreased by 8.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 16.4%.
Median Sold Price Compared To Nearby Cities
| Clear Lake Township | $350K | $390K | +11.4% |
| Clearwater | $320K | $326K | +1.9% |
| Clearwater | $325K | $327.2K | +0.7% |
| Clearwater Township | $325K | $327K | +0.6% |
Housing Supply in Clearwater Township, MN
How many homes are available in Clearwater Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Summary: The Clearwater Township real estate market had 23 homes for sale in November 2024, a 17.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Clearwater 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 14.3%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 2 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clearwater Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Clearwater Township in November 2024, down by 80.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Clearwater Township, MN
How long does it take to sell a home in Clearwater Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 32 Days | +464.7% |
Summary: Homes in Clearwater Township had an average of 32 days on market in Nov 2024, up by 464.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clearwater Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Clearwater Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
