$8,016 Closing Credit*
$675,000
2,106 SqFt
2 Beds
•1 Full Bath
Listing Office: eXp Realty
Is Green Lake Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Green Lake Township was a Buyer's Market.
Key Takeaway
Green Lake Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Green Lake Township, MN
How much do homes in Green Lake Township, MN cost?
Median Sold Price
$480,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+6.7%)
Key Takeaway
Homes in Green Lake Township have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Green Lake Township was $480,000 in October 2024, up 6.7% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $510K | N/A |
| 2 Bedrooms | $300K | $395K | +31.7% |
| 3 Bedrooms | $420K | $480K | +14.3% |
| 4 Bedrooms | $499.9K | $452.5K | -9.5% |
| 5+ Bedrooms | $480K | $1.0M | +112.0% |
Summary: Green Lake 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 31.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 112%.
Median Sold Price Compared To Nearby Cities
| Spicer | $413.7K | $458K | +10.7% |
| Green Lake Township | $450K | $480K | +6.7% |
| New London Township | $359.5K | $377.3K | +5.0% |
Housing Supply in Green Lake Township, MN
How many homes are available in Green Lake Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Green Lake Township real estate market had 11 homes for sale in October 2024, a 8.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Green Lake 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 increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Green Lake Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Green Lake Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Green Lake Township, MN
How long does it take to sell a home in Green Lake Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 43 Days | +155.9% |
Summary: Homes in Green Lake Township had an average of 43 days on market in Oct 2024, up by 155.9% compared to last year.
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
Key Takeaway
Many homes in Green Lake Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Green Lake 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.
