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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Elysian Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Elysian Township has remained a Seller's Market.

Key Takeaway

Elysian Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Elysian Township, MN

How much do homes in Elysian Township, MN cost?

Median Sold Price

$578,500

$318/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$125,722(+27.8%)

Key Takeaway

Homes in Elysian Township have sold for 27.8% more than they did a month ago.

Summary: The median home sold price in Elysian Township was $578,500 in October 2024, up 27.8% from last month, and the median price per square foot was $318.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$357K
N/A
3 $455.5K-
N/A
4 $450K$800K
+77.8%
5+ --
N/A

Summary: Elysian 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 increased by 77.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Elysian
+28.6%
Elysian Township
+27.8%

Housing Supply in Elysian Township, MN

How many homes are available in Elysian Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1011+10.0%

Summary: The Elysian Township real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 35
+66.7%
3 43
-25.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Elysian Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were 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 Elysian Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Elysian Township in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Elysian Township, MN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
14 Days19 Days+35.7%

Summary: Homes in Elysian Township had an average of 19 days on market in Oct 2024, up by 35.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Elysian 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.

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

Report Updated 22 Days Ago

Newest Listings in Elysian Township, MN

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