Is Frohn Township, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Frohn Township is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Frohn Township was a Seller's Market.

Key Takeaway

Frohn Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Frohn Township, MN

How much do homes in Frohn Township, MN cost?

Median Sold Price

$349,800

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$62,700(-15.2%)

Key Takeaway

Homes in Frohn Township have sold for 15.2% less than they did a year ago.

Summary: The median home sold price in Frohn Township was $349,800 in October 2024, down 15.2% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $295.5K$292K
-1.2%
3 $312K$349.8K
+12.1%
4 $495K$320K
-35.4%
5+ $707.5K$1.0M
+48.4%

Summary: Frohn Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 35.4%, and 5+ bedroom homes increased by 48.4%.

Housing Supply in Frohn Township, MN

How many homes are available in Frohn Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The Frohn Township real estate market had 7 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 32
-33.3%
4 12
+100.0%
5+ 00
0.0%

Summary: The Frohn 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 decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Frohn Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Frohn Township in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Frohn Township, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
59 Days142 Days+139.3%

Summary: Homes in Frohn Township had an average of 142 days on market in Oct 2024, up by 139.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Frohn Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Frohn Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

Newest Listings in Frohn Township, MN

Nearby Markets to Frohn Township, MN