$2,196 Closing Credit*
$184,900
1,293 SqFt
3 Beds
•1 Full Bath
Listing Office: Realty ONE Group Black Diamond
Is Grand Meadow Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Grand Meadow Township has remained a Seller's Market.
Key Takeaway
Grand Meadow Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grand Meadow Township, MN
How much do homes in Grand Meadow Township, MN cost?
Median Sold Price
$246,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$61,500(+33.2%)
Key Takeaway
Homes in Grand Meadow Township have sold for 33.2% more than they did a year ago.
Summary: The median home sold price in Grand Meadow Township was $246,500 in November 2024, up 33.2% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $144.9K | $191K | +31.8% |
| 3 Bedrooms | $186K | $307.9K | +65.5% |
| 4 Bedrooms | $226K | $360K | +59.3% |
| 5+ Bedrooms | $252.4K | $479K | +89.8% |
Summary: Grand Meadow Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 65.5%, 4 bedroom homes increased by 59.3%, and 5+ bedroom homes increased by 89.8%.
Median Sold Price Compared To Nearby Cities
| Grand Meadow Township | $185K | $246.5K | +33.2% |
| Grand Meadow | $185K | $246.5K | +33.2% |
Housing Supply in Grand Meadow Township, MN
How many homes are available in Grand Meadow Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Grand Meadow Township real estate market had 4 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Grand Meadow 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 decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grand Meadow Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Grand Meadow Township in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Grand Meadow Township, MN
How long does it take to sell a home in Grand Meadow Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 76 Days | +310.8% |
Summary: Homes in Grand Meadow Township had an average of 76 days on market in Nov 2024, up by 310.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Grand Meadow Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Grand Meadow Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
