Housing Prices in Farm Island Township, MN

How much do homes in Farm Island Township, MN cost?

Median List Price

$439,950

$285/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$64,950(+17.3%)

Key Takeaway

The list price of homes in Farm Island Township has increased by 17.3% since last year.

Summary: The median home list price in Farm Island Township was $439,950 in October 2024, up 17.3% from the previous year, and the median price per square foot was $285.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $270K$274.5K
+1.7%
2 $302.4K$312.4K
+3.3%
3 $399.9K$405K
+1.3%
4 $450K$609.9K
+35.6%
5+ $1.9M$565K
-71.7%

Summary: Farm Island Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 35.6%, and 5+ bedroom homes decreased by 71.7%.

Median List Price Compared To Nearby Cities

Farm Island Township
+17.3%
Spencer Township
+12.5%
Aitkin Township
+3.4%
Nordland Township
-4.8%
Hazelton Township
-11.3%

Housing Supply in Farm Island Township, MN

How many homes are available in Farm Island Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The Farm Island Township real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 33
0.0%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Farm Island Township housing inventory by bedroom type for October 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Farm Island Township, MN

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

Average Listing Age

Oct 2023Oct 2024CHANGE
79 Days85 Days+7.0%

Summary: Homes in Farm Island Township had an average listing age of 85 days in Oct 2024, up by 7% compared to the previous year.

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

Report Updated 20 Days Ago

Newest Listings in Farm Island Township, MN

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