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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eckles Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Eckles Township was a Buyer's Market.

Key Takeaway

Eckles Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Eckles Township, MN

How much do homes in Eckles Township, MN cost?

Median Sold Price

$272,000

$186/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$64,175(-19.1%)

Key Takeaway

Homes in Eckles Township have sold for 19.1% less than they did a month ago.

Summary: The median home sold price in Eckles Township was $272,000 in November 2024, down 19.1% from last month, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$250.7K
N/A
3 $269.9K$291K
+7.8%
4 $402.4K-
N/A
5+ --
N/A

Summary: Eckles 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 increased by 7.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Eckles Township, MN

How many homes are available in Eckles Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1718+5.9%

Summary: The Eckles Township real estate market had 18 homes for sale in November 2024, a 5.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 88
0.0%
4 45
+25.0%
5+ 11
0.0%

Summary: The Eckles 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 increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eckles 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 Eckles Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Eckles Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
47 Days44 Days-5.0%

Summary: Homes in Eckles Township had an average of 44 days on market in Nov 2024, down by 5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Eckles Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Eckles Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 Eckles Township, MN

Nearby Markets to Eckles Township, MN

What housing markets are near Eckles Township, MN?