$68,900
Land
Listing Office: Edina Realty, Inc.
Is Cushing Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 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
$325,100
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,600(+5.7%)
Key Takeaway
Homes in Cushing Township have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Cushing Township was $325,100 in October 2024, up 5.7% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $157K | -19.5% |
| 2 Bedrooms | $191K | $188.7K | -1.2% |
| 3 Bedrooms | $365K | $412.5K | +13.0% |
| 4 Bedrooms | $411K | $585.2K | +42.4% |
| 5+ Bedrooms | - | $482.5K | N/A |
Summary: Cushing Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.5%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 42.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cushing | $304.9K | $435K | +42.6% |
| Cushing Township | $307.5K | $325.1K | +5.7% |
| Fort Ripley | $315K | $325K | +3.2% |
Housing Supply in Cushing Township, MN
How many homes are available in Cushing Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Cushing Township real estate market had 11 homes for sale in October 2024, a 22.2% increase 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Cushing 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
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 Cushing 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 Cushing Township in October 2024, down by 33.3% month-over-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 Cushing Township, MN
How long does it take to sell a home in Cushing Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 78 Days | +31.7% |
Summary: Homes in Cushing Township had an average of 78 days on market in Oct 2024, up by 31.7% 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
Key Takeaway
Avg time on Rocket Homes in Cushing Township has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Cushing 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.
