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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Collegeville Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Collegeville Township, MN

How much do homes in Collegeville Township, MN cost?

Median Sold Price

$635,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,000(-0.8%)

Key Takeaway

Homes in Collegeville Township have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in Collegeville Township was $635,000 in November 2024, down 0.8% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$775K
N/A
2 $446K-
N/A
3 $639K$595K
-6.9%
4 $842.5K$600K
-28.8%
5+ $946K$1.3M
+45.9%

Summary: Collegeville 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 decreased by 6.9%, 4 bedroom homes decreased by 28.8%, and 5+ bedroom homes increased by 45.9%.

Median Sold Price Compared To Nearby Cities

Collegeville Township
-0.8%
Avon Township
-2.0%
Wakefield Township
-11.2%

Housing Supply in Collegeville Township, MN

How many homes are available in Collegeville Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
58+60.0%

Summary: The Collegeville Township real estate market had 8 homes for sale in November 2024, a 60.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 35
+66.7%
5+ 01
+100.0%

Summary: The Collegeville 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 remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Collegeville Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Collegeville Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Collegeville Township, MN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days82 Days+334.2%

Summary: Homes in Collegeville Township had an average of 82 days on market in Nov 2024, up by 334.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Collegeville Township has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Collegeville Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Collegeville Township, MN

Nearby Markets to Collegeville Township, MN

What housing markets are near Collegeville Township, MN?