$345,000
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 Buyer's Market.
Key Takeaway
Dovre Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dovre Township, MN
How much do homes in Dovre Township, MN cost?
Median Sold Price
$395,000
$148/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$400,000(-50.3%)
Key Takeaway
Homes in Dovre Township have sold for 50.3% less than they did a month ago.
Summary: The median home sold price in Dovre Township was $395,000 in November 2024, down 50.3% from last month, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $395K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $795K | $477.3K | -40.0% |
Summary: Dovre 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 40%.
Median Sold Price Compared To Nearby Cities
| Green Lake Township | $616K | $450K | -26.9% |
| Dovre Township | $795K | $395K | -50.3% |
Housing Supply in Dovre Township, MN
How many homes are available in Dovre Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Dovre Township real estate market had 8 homes for sale in November 2024, a 11.1% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Dovre 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 remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was 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. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Dovre Township in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 49 Days | +390.0% |
Summary: Homes in Dovre Township had an average of 49 days on market in Nov 2024, up by 390% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Dovre Township has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Dovre 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.
