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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hassan Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Hassan Township, MN

How much do homes in Hassan Township, MN cost?

Median Sold Price

$438,440

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$70,920(-13.9%)

Key Takeaway

Homes in Hassan Township have sold for 13.9% less than they did a year ago.

Summary: The median home sold price in Hassan Township was $438,440 in October 2024, down 13.9% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $540.3K$434.9K
-19.5%
3 $439.8K$364.9K
-17.0%
4 $564K$515K
-8.7%
5+ $692K$470K
-32.1%

Summary: Hassan 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 decreased by 19.5%, 3 bedroom homes decreased by 17%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 32.1%.

Median Sold Price Compared To Nearby Cities

Dayton
+10.3%
Saint Michael
-1.9%
Otsego
-3.9%
Rogers
-4.4%
Hassan Township
-13.9%

Housing Supply in Hassan Township, MN

How many homes are available in Hassan Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2332+39.1%

Summary: The Hassan Township real estate market had 32 homes for sale in October 2024, a 39.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1014
+40.0%
4 812
+50.0%
5+ 34
+33.3%

Summary: The Hassan 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 increased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hassan Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Hassan Township in October 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Hassan Township, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days23 Days-5.6%

Summary: Homes in Hassan Township had an average of 23 days on market in Oct 2024, down by 5.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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

Many homes in Hassan Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Hassan 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.

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 Hassan Township, MN

Nearby Markets to Hassan Township, MN

What housing markets are near Hassan Township, MN?