$139,000
Land
Listing Office: Timber Ghost Realty, LLC
Is Cotton Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Cotton Township was a Neutral Market.
Key Takeaway
Cotton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cotton Township, MN
How much do homes in Cotton Township, MN cost?
Median Sold Price
$362,500
$232/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$212,000(+140.9%)
Key Takeaway
Homes in Cotton Township have sold for 140.9% more than they did a month ago.
Summary: The median home sold price in Cotton Township was $362,500 in October 2024, up 140.9% from last month, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150.5K | $260K | +72.8% |
| 3 Bedrooms | - | $465K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cotton Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 72.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cotton Township | $150.5K | $362.5K | +140.9% |
| Cotton | $150.5K | $362.5K | +140.9% |
| Whiteface Reservoir | $230K | $283K | +23.0% |
Housing Supply in Cotton Township, MN
How many homes are available in Cotton Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The Cotton Township real estate market had 9 homes for sale in October 2024, a 25.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cotton Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cotton Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Cotton Township in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cotton Township, MN
How long does it take to sell a home in Cotton Township, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 19 Days | +254.5% |
Summary: Homes in Cotton Township had an average of 19 days on market in Oct 2024, up by 254.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cotton Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Cotton 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.
