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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenway Township is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Greenway Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Greenway Township, MN

How much do homes in Greenway Township, MN cost?

Median Sold Price

$142,500

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$19,500(-12.0%)

Key Takeaway

Homes in Greenway Township have sold for 12% less than they did a year ago.

Summary: The median home sold price in Greenway Township was $142,500 in October 2024, down 12% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $70K-
N/A
2 $86.7K$117.9K
+35.9%
3 $169.9K$155K
-8.8%
4 $194.1K$150K
-22.7%
5+ $289K$167.5K
-42.0%

Summary: Greenway 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 35.9%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes decreased by 42%.

Housing Supply in Greenway Township, MN

How many homes are available in Greenway Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
106-40.0%

Summary: The Greenway Township real estate market had 6 homes for sale in October 2024, a 40.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 42
-50.0%
3 31
-66.7%
4 22
0.0%
5+ 00
0.0%

Summary: The Greenway 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 decreased by 50%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

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 Greenway 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 Greenway Township in October 2024, down by 75.0% 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 Greenway Township, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
66 Days72 Days+8.3%

Summary: Homes in Greenway Township had an average of 72 days on market in Oct 2024, up by 8.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Greenway Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Greenway Township; 0% of homes were sold within 30 days, 100% 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 Greenway Township, MN

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