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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing High Forest Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, High Forest Township was a Neutral Market.

Key Takeaway

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

Housing Prices in High Forest Township, MN

How much do homes in High Forest Township, MN cost?

Median Sold Price

$254,500

$136/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$113,500(-30.8%)

Key Takeaway

Homes in High Forest Township have sold for 30.8% less than they did a month ago.

Summary: The median home sold price in High Forest Township was $254,500 in November 2024, down 30.8% from last month, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $368K$94K
-74.5%
3 --
N/A
4 -$415K
N/A
5+ --
N/A

Summary: High Forest Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 74.5%, 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

Racine Township
+82.2%
High Forest Township
-30.8%

Housing Supply in High Forest Township, MN

How many homes are available in High Forest Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The High Forest Township real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 01
+100.0%
4 11
0.0%
5+ 22
0.0%

Summary: The High Forest Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in High Forest 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 High Forest Township in November 2024, up by 100.0% 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 High Forest Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
92 Days53 Days-41.8%

Summary: Homes in High Forest Township had an average of 53 days on market in Nov 2024, down by 41.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in High Forest Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 High Forest Township, MN

Nearby Markets to High Forest Township, MN

What housing markets are near High Forest Township, MN?