$1,293 Closing Credit*
$108,900
1,280 SqFt
3 Beds
•1 Full Bath
Listing Office: Oak Realty LLP
Is Fair Haven Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Fair Haven Township has remained a Seller's Market.
Key Takeaway
Fair Haven Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fair Haven Township, MN
How much do homes in Fair Haven Township, MN cost?
Median Sold Price
$469,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$138,000(+41.7%)
Key Takeaway
Homes in Fair Haven Township have sold for 41.7% more than they did a year ago.
Summary: The median home sold price in Fair Haven Township was $469,000 in November 2024, up 41.7% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $415K | - | N/A |
| 2 Bedrooms | $258.5K | $285K | +10.3% |
| 3 Bedrooms | $330K | $540.7K | +63.9% |
| 4 Bedrooms | $383.7K | $600K | +56.4% |
| 5+ Bedrooms | $340.5K | $594K | +74.4% |
Summary: Fair Haven Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 63.9%, 4 bedroom homes increased by 56.4%, and 5+ bedroom homes increased by 74.4%.
Median Sold Price Compared To Nearby Cities
| Fair Haven Township | $331K | $469K | +41.7% |
| South Haven | $350K | $402K | +14.9% |
Housing Supply in Fair Haven Township, MN
How many homes are available in Fair Haven Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The Fair Haven Township real estate market had 6 homes for sale in November 2024, a 20.0% increase 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 | 4 | +33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fair Haven 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fair Haven 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 Fair Haven Township in November 2024, up by 100.0% month-over-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 Fair Haven Township, MN
How long does it take to sell a home in Fair Haven Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 87 Days | 134 Days | +54.0% |
Summary: Homes in Fair Haven Township had an average of 134 days on market in Nov 2024, up by 54% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fair Haven Township has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Fair Haven Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
