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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grant Valley Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Grant Valley Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Grant Valley Township, MN

How much do homes in Grant Valley Township, MN cost?

Median Sold Price

$277,012

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$512(+0.2%)

Key Takeaway

The sold price of homes in Grant Valley Township has remained the same since last year.

Summary: The median home sold price in Grant Valley Township was $277,012 in October 2024, up 0.2% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $192.5K$264.4K
+37.4%
3 $263.2K$250K
-5.0%
4 $290.5K$363.5K
+25.1%
5+ $399.1K$364K
-8.8%

Summary: Grant Valley 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 increased by 37.4%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes decreased by 8.8%.

Median Sold Price Compared To Nearby Cities

Bemidji
+8.4%
Bemidji Township
+7.0%
Grant Valley Township
0.2%

Housing Supply in Grant Valley Township, MN

How many homes are available in Grant Valley Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10100.0%

Summary: The Grant Valley Township real estate market had 10 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 00
0.0%
3 55
0.0%
4 33
0.0%
5+ 22
0.0%

Summary: The Grant Valley 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grant Valley Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Grant Valley Township in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Grant Valley Township, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days41 Days+3.6%

Summary: Homes in Grant Valley Township had an average of 41 days on market in Oct 2024, up by 3.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were 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 Grant Valley Township has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Grant Valley Township; 25% of homes were sold within 30 days, 75% 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 17 Days Ago

Newest Listings in Grant Valley Township, MN

Nearby Markets to Grant Valley Township, MN

What housing markets are near Grant Valley Township, MN?