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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glyndon Township is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Glyndon Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Glyndon Township, MN

How much do homes in Glyndon Township, MN cost?

Median Sold Price

$285,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$85,000(-23.0%)

Key Takeaway

Homes in Glyndon Township have sold for 23% less than they did a year ago.

Summary: The median home sold price in Glyndon Township was $285,000 in October 2024, down 23% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$312.5K
N/A
2 $222.4K$206.5K
-7.2%
3 $287K$342K
+19.2%
4 $369.9K$280K
-24.3%
5+ $562.5K$262.4K
-53.3%

Summary: Glyndon 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 7.2%, 3 bedroom homes increased by 19.2%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes decreased by 53.3%.

Median Sold Price Compared To Nearby Cities

Dilworth
+11.5%
Glyndon Township
-23.0%
Glyndon
-24.4%

Housing Supply in Glyndon Township, MN

How many homes are available in Glyndon Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4137-9.8%

Summary: The Glyndon Township real estate market had 37 homes for sale in October 2024, a 9.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1213
+8.3%
4 1615
-6.3%
5+ 128
-33.3%

Summary: The Glyndon 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 8.3%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
143-78.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glyndon Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Glyndon Township in October 2024, down by 78.6% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Glyndon Township, MN

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Glyndon Township has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Glyndon Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 Glyndon Township, MN

Nearby Markets to Glyndon Township, MN

What housing markets are near Glyndon Township, MN?