$2,078 Closing Credit*
$175,000
1,152 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Realty Professionals
Is Cushing 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, Cushing Township has remained a Seller's Market.
Key Takeaway
Cushing Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cushing Township, MN
How much do homes in Cushing Township, MN cost?
Median Sold Price
$682,500
$258/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$239,500(-26.0%)
Key Takeaway
Homes in Cushing Township have sold for 26% less than they did a month ago.
Summary: The median home sold price in Cushing Township was $682,500 in November 2024, down 26% from last month, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $171.5K | N/A |
| 3 Bedrooms | $139K | $745K | +436.0% |
| 4 Bedrooms | $1.6M | $682.5K | -57.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Cushing Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 436%, 4 bedroom homes decreased by 57.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Fort Ripley | $262.4K | $285.5K | +8.8% |
| Scandia Valley Township | $362.5K | $364.9K | +0.7% |
| Cushing | $922K | $700K | -24.1% |
| Cushing Township | $922K | $682.5K | -26.0% |
Housing Supply in Cushing Township, MN
How many homes are available in Cushing Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Cushing Township real estate market had 9 homes for sale in November 2024, a 18.2% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cushing 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 decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cushing Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Cushing Township in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Cushing Township, MN
How long does it take to sell a home in Cushing Township, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 94 Days | 37 Days | -60.0% |
Summary: Homes in Cushing Township had an average of 37 days on market in Nov 2024, down by 60% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cushing Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Cushing 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.
