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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goodhue Township is a buyer's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Goodhue Township, MN

How much do homes in Goodhue Township, MN cost?

Median Sold Price

$361,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$57,500(+18.9%)

Key Takeaway

Homes in Goodhue Township have sold for 18.9% more than they did a year ago.

Summary: The median home sold price in Goodhue Township was $361,000 in August 2024, up 18.9% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $282.9K$343.7K
+21.5%
3 $249.9K$361K
+44.5%
4 $373.9K$369K
-1.3%
5+ $505K$695K
+37.6%

Summary: Goodhue Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 44.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 37.6%.

Median Sold Price Compared To Nearby Cities

Goodhue Township
+18.9%
Goodhue
+16.1%

Housing Supply in Goodhue Township, MN

How many homes are available in Goodhue Township, MN?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
78+14.3%

Summary: The Goodhue Township real estate market had 8 homes for sale in August 2024, a 14.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 00
0.0%
4 35
+66.7%
5+ 00
0.0%

Summary: The Goodhue Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
21-50.0%

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 Goodhue 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 Goodhue Township in August 2024, down by 50.0% month-over-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 Goodhue Township, MN

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

Average Sale Time

Aug 2023Aug 2024CHANGE
21 Days3 Days-85.7%

Summary: Homes in Goodhue Township had an average of 3 days on market in Aug 2024, down by 85.7% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Goodhue Township are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 1 homes were sold in Goodhue 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Goodhue Township, MN

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