$10,000 Closing Credit*
$849,000
2,822 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: RE/MAX Results - Nisswa
Is Deerwood 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, Deerwood Township was a Seller's Market.
Key Takeaway
Deerwood Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Deerwood Township, MN
How much do homes in Deerwood Township, MN cost?
Median Sold Price
$110,000
$81/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$225,000(-67.2%)
Key Takeaway
Homes in Deerwood Township have sold for 67.2% less than they did a month ago.
Summary: The median home sold price in Deerwood Township was $110,000 in December 2024, down 67.2% from last month, and the median price per square foot was $81.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $335K | - | N/A |
| 3 Bedrooms | $1.2M | $110K | -90.9% |
| 4 Bedrooms | $299.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Deerwood Township housing prices by bedroom type for December 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 decreased by 90.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Deerwood Township, MN
How many homes are available in Deerwood Township, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 17 | 10 | -41.2% |
Summary: The Deerwood Township real estate market had 10 homes for sale in December 2024, a 41.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 3 | -62.5% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Deerwood Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 62.5%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
0 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 Deerwood Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Deerwood Township in December 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Deerwood Township, MN
How long does it take to sell a home in Deerwood Township, MN?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 Days | 10 Days | -53.9% |
Summary: Homes in Deerwood Township had an average of 10 days on market in Dec 2024, down by 53.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Deerwood Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Deerwood 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.
