$8,609 Closing Credit*
$725,000
1,308 SqFt
2 Beds
•1 Bath
Listing Office: Oak Realty LLP
Is Corinna Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Corinna Township has remained a Seller's Market.
Key Takeaway
Corinna Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Corinna Township, MN
How much do homes in Corinna Township, MN cost?
Median Sold Price
$755,000
$313/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$316,250(+72.1%)
Key Takeaway
Homes in Corinna Township have sold for 72.1% more than they did a month ago.
Summary: The median home sold price in Corinna Township was $755,000 in October 2024, up 72.1% from last month, and the median price per square foot was $313.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $417.5K | $165K | -60.5% |
| 2 Bedrooms | $275K | $394K | +43.3% |
| 3 Bedrooms | $580K | $550K | -5.2% |
| 4 Bedrooms | - | $1.0M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Corinna Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 60.5%, 2 bedroom homes increased by 43.3%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Corinna Township, MN
How many homes are available in Corinna Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The Corinna Township real estate market had 21 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Corinna Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 9 | +125.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Corinna Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Corinna Township in October 2024, up by 125.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for Corinna Township, MN
How long does it take to sell a home in Corinna Township, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 44 Days | -2.4% |
Summary: Homes in Corinna Township had an average of 44 days on market in Oct 2024, down by 2.4% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Corinna Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Corinna Township; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
