Is Dora Township, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dora Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Dora Township has remained a Buyer's Market.

Key Takeaway

Dora Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dora Township, MN

How much do homes in Dora Township, MN cost?

Median Sold Price

$360,000

$328/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$40,000(-10.0%)

Key Takeaway

Homes in Dora Township have sold for 10% less than they did a month ago.

Summary: The median home sold price in Dora Township was $360,000 in October 2024, down 10% from last month, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $225K-
N/A
3 $575K$450K
-21.7%
4 -$270K
N/A
5+ --
N/A

Summary: Dora 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 did not change, 3 bedroom homes decreased by 21.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Candor Township
+50.4%
Dora Township
-10.0%

Housing Supply in Dora Township, MN

How many homes are available in Dora Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1716-5.9%

Summary: The Dora Township real estate market had 16 homes for sale in October 2024, a 5.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1414
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Dora 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dora Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Dora Township in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Dora Township, MN

How long does it take to sell a home in Dora Township, MN?

Average Sale Time

Sep 2024Oct 2024CHANGE
59 Days46 Days-21.8%

Summary: Homes in Dora Township had an average of 46 days on market in Oct 2024, down by 21.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dora Township has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Dora Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Dora Township, MN

Nearby Markets to Dora Township, MN