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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gordon Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Gordon Township has remained a Seller's Market.

Key Takeaway

Gordon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Gordon Township, MN

How much do homes in Gordon Township, MN cost?

Median Sold Price

$166,000

$98/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$199,000(-54.5%)

Key Takeaway

Homes in Gordon Township have sold for 54.5% less than they did a month ago.

Summary: The median home sold price in Gordon Township was $166,000 in November 2024, down 54.5% from last month, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$37K
N/A
3 -$295K
N/A
4 $365K-
N/A
5+ --
N/A

Summary: Gordon 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gordon Township, MN

How many homes are available in Gordon Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
23+50.0%

Summary: The Gordon Township real estate market had 3 homes for sale in November 2024, a 50.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Gordon Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 Gordon Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Gordon Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Gordon Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
64 Days20 Days-68.8%

Summary: Homes in Gordon Township had an average of 20 days on market in Nov 2024, down by 68.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During November 2024, 2 homes were sold in Gordon Township; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in Gordon Township, MN

Nearby Markets to Gordon Township, MN

What housing markets are near Gordon Township, MN?