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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henrietta Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Henrietta Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Henrietta Township, MN

How much do homes in Henrietta Township, MN cost?

Median Sold Price

$1,062,500

$383/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$635,500(+148.8%)

Key Takeaway

Homes in Henrietta Township have sold for 148.8% more than they did a month ago.

Summary: The median home sold price in Henrietta Township was $1,062,500 in October 2024, up 148.8% from last month, and the median price per square foot was $383.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $525K$830K
+58.1%
4 $329K$1.2M
+293.6%
5+ --
N/A

Summary: Henrietta Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 58.1%, 4 bedroom homes increased by 293.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Henrietta Township
+148.8%
Todd Township
+50.7%

Housing Supply in Henrietta Township, MN

How many homes are available in Henrietta Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1211-8.3%

Summary: The Henrietta 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

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 76
-14.3%
4 33
0.0%
5+ 00
0.0%

Summary: The Henrietta 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 decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henrietta Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Henrietta Township in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Henrietta Township, MN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
65 Days7 Days-89.3%

Summary: Homes in Henrietta Township had an average of 7 days on market in Oct 2024, down by 89.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Henrietta Township; 100% of homes were sold within 30 days, 0% 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 Henrietta Township, MN

Nearby Markets to Henrietta Township, MN

What housing markets are near Henrietta Township, MN?