$375,000
3,072 SqFt
5 Beds
•1 Full Bath
Listing Office: Positive Realty
December 2024
Report Updated 4 Days Ago
Is Fort Ripley Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Fort Ripley Township has remained a Seller's Market.
How much do homes in Fort Ripley Township, MN cost?
$325,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
Summary: The median home sold price in Fort Ripley Township was $325,000 in December 2024, down 10.7% from last year, and the median price per square foot was $187.
# BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $255K | $267.5K | +4.9% |
3 Bedrooms | $280K | $297.9K | +6.4% |
4 Bedrooms | $421.5K | $552.4K | +31.1% |
5+ Bedrooms | $544.9K | $317.5K | -41.7% |
Summary: Fort Ripley Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes decreased by 41.7%.
How many homes are available in Fort Ripley Township, MN?
Nov 2024 | Dec 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Summary: The Fort Ripley Township real estate market had 7 homes for sale in December 2024, the same as November 2024.
# BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Fort Ripley Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Nov 2024 | Dec 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Fort Ripley Township in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
How long does it take to sell a home in Fort Ripley Township, MN?
Dec 2023 | Dec 2024 | CHANGE |
---|---|---|
118 Days | 52 Days | -55.9% |
Summary: Homes in Fort Ripley Township had an average of 52 days on market in Dec 2024, down by 55.9% compared to last year.
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During December 2024, 3 homes were sold in Fort Ripley Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago
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Last updated on: 1/4/2025, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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