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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Side Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, East Side Township was a Neutral Market.

Key Takeaway

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

Housing Prices in East Side Township, MN

How much do homes in East Side Township, MN cost?

Median Sold Price

$225,000

$370/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$380,000(-62.8%)

Key Takeaway

Homes in East Side Township have sold for 62.8% less than they did a month ago.

Summary: The median home sold price in East Side Township was $225,000 in November 2024, down 62.8% from last month, and the median price per square foot was $370.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$225K
N/A
3 $605K-
N/A
4 --
N/A
5+ --
N/A

Summary: East Side 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 did not change.

Median Sold Price Compared To Nearby Cities

Lakeside Township
-59.0%
East Side Township
-62.8%

Housing Supply in East Side Township, MN

How many homes are available in East Side Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
12120.0%

Summary: The East Side Township real estate market had 12 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 44
0.0%
3 54
-20.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The East Side 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 decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Side 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 East Side Township in November 2024, down by 50.0% 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 East Side Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
20 Days32 Days+60.0%

Summary: Homes in East Side Township had an average of 32 days on market in Nov 2024, up by 60% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 East Side Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in East Side 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 2 Days Ago

Newest Listings in East Side Township, MN

Nearby Markets to East Side Township, MN

What housing markets are near East Side Township, MN?