$16,000
Land
Listing Office: RE/MAX Results
Is Fawn Lake Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Fawn Lake Township has remained a Seller's Market.
Key Takeaway
Fawn Lake Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fawn Lake Township, MN
How much do homes in Fawn Lake Township, MN cost?
Median Sold Price
$149,900
$45/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$95,100(-38.8%)
Key Takeaway
Homes in Fawn Lake Township have sold for 38.8% less than they did a month ago.
Summary: The median home sold price in Fawn Lake Township was $149,900 in October 2024, down 38.8% from last month, and the median price per square foot was $45.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $245K | - | N/A |
| 5+ Bedrooms | - | $149.9K | N/A |
Summary: Fawn Lake 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 did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Villard Township | $180K | $157.5K | -12.5% |
| Fawn Lake Township | $245K | $149.9K | -38.8% |
Housing Supply in Fawn Lake Township, MN
How many homes are available in Fawn Lake Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Fawn Lake Township real estate market had 4 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Fawn Lake 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fawn Lake Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Fawn Lake Township in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Fawn Lake Township, MN
How long does it take to sell a home in Fawn Lake Township, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 28 Days | -65.9% |
Summary: Homes in Fawn Lake Township had an average of 28 days on market in Oct 2024, down by 65.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fawn Lake Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Fawn Lake 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.
