$5,343 Closing Credit*
$449,900
1,769 SqFt
3 Beds
•2 Full Baths
Listing Office: United Country Real Estate Minnesota Properties
Is Finlayson Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Finlayson Township was a Neutral Market.
Key Takeaway
Finlayson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Finlayson Township, MN
How much do homes in Finlayson Township, MN cost?
Median Sold Price
$325,000
$267/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$140,000(-30.1%)
Key Takeaway
Homes in Finlayson Township have sold for 30.1% less than they did a month ago.
Summary: The median home sold price in Finlayson Township was $325,000 in November 2024, down 30.1% from last month, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $65K | N/A |
| 2 Bedrooms | - | $325K | N/A |
| 3 Bedrooms | $675K | $490K | -27.4% |
| 4 Bedrooms | $255K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Finlayson 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 decreased by 27.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Finlayson Township | $465K | $325K | -30.1% |
| Finlayson | $465K | $325K | -30.1% |
| Pine Lake Township | $675K | $325K | -51.9% |
Housing Supply in Finlayson Township, MN
How many homes are available in Finlayson Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The Finlayson Township real estate market had 14 homes for sale in November 2024, a 7.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Finlayson Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Finlayson Township, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Finlayson Township in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Finlayson Township, MN
How long does it take to sell a home in Finlayson Township, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 115 Days | 64 Days | -43.8% |
Summary: Homes in Finlayson Township had an average of 64 days on market in Nov 2024, down by 43.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Finlayson Township has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Finlayson Township; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
