$5,166 Closing Credit*
$435,000
936 SqFt
2 Beds
•2 Baths
Listing Office: Kris Lindahl Real Estate
Is Greenwood Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Greenwood Township was a Buyer's Market.
Key Takeaway
Greenwood 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 Greenwood Township, MN
How much do homes in Greenwood Township, MN cost?
Median Sold Price
$124,000
$344/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$12,890(+11.6%)
Key Takeaway
Homes in Greenwood Township have sold for 11.6% more than they did a month ago.
Summary: The median home sold price in Greenwood Township was $124,000 in November 2024, up 11.6% from last month, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $111.1K | $124K | +11.6% |
| 2 Bedrooms | $111.1K | - | N/A |
| 3 Bedrooms | - | $900K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Greenwood Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 11.6%, 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.
Median Sold Price Compared To Nearby Cities
| Breitung Township | $452.5K | $670K | +48.1% |
| Greenwood Township | $111.1K | $124K | +11.6% |
| Tower | $430K | $397K | -7.7% |
Housing Supply in Greenwood Township, MN
How many homes are available in Greenwood Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Greenwood Township real estate market had 19 homes for sale in November 2024, a 11.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Greenwood Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 20%, 3 bedroom homes increased 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 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenwood Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Greenwood Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Greenwood Township, MN
How long does it take to sell a home in Greenwood Township, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 314 Days | +2760.6% |
Summary: Homes in Greenwood Township had an average of 314 days on market in Nov 2024, up by 2760.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Greenwood Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Greenwood Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
