$160,000
Land
Listing Office: Edina Realty
Is Dovre 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, Dovre Township was a Seller's Market.
Key Takeaway
Dovre Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Dovre Township, MN
How much do homes in Dovre Township, MN cost?
Median Sold Price
$795,000
$215/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$450,000(+130.4%)
Key Takeaway
Homes in Dovre Township have sold for 130.4% more than they did a month ago.
Summary: The median home sold price in Dovre Township was $795,000 in October 2024, up 130.4% from last month, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $221.2K | - | N/A |
| 4 Bedrooms | $379K | - | N/A |
| 5+ Bedrooms | $400K | $795K | +98.8% |
Summary: Dovre 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 98.8%.
Median Sold Price Compared To Nearby Cities
| Dovre Township | $345K | $795K | +130.4% |
| Lake Andrew Township | $955K | $419.7K | -56.0% |
Housing Supply in Dovre Township, MN
How many homes are available in Dovre Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Summary: The Dovre Township real estate market had 10 homes for sale in October 2024, a 28.6% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Dovre 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dovre Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Dovre Township in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Dovre Township, MN
How long does it take to sell a home in Dovre Township, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 10 Days | -84.6% |
Summary: Homes in Dovre Township had an average of 10 days on market in Oct 2024, down by 84.6% 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 Dovre Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Dovre 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.
