$4,750 Closing Credit*
$400,000
690 SqFt
2 Beds
•1 Bath
Listing Office: Premier Real Estate Services
Is Hillman Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Hillman Township was a Seller's Market.
Key Takeaway
Hillman Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hillman Township, MN
How much do homes in Hillman Township, MN cost?
Median Sold Price
$424,900
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$62,450(+17.2%)
Key Takeaway
Homes in Hillman Township have sold for 17.2% more than they did a year ago.
Summary: The median home sold price in Hillman Township was $424,900 in November 2024, up 17.2% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | $340K | $293.5K | -13.7% |
| 3 Bedrooms | $460K | $475K | +3.3% |
| 4 Bedrooms | $592.5K | $437.5K | -26.2% |
| 5+ Bedrooms | $300K | $424.9K | +41.6% |
Summary: Hillman Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 26.2%, and 5+ bedroom homes increased by 41.6%.
Housing Supply in Hillman Township, MN
How many homes are available in Hillman Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Summary: The Hillman Township real estate market had 11 homes for sale in November 2024, a 31.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 8 | 4 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Hillman 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hillman Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Hillman Township in November 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Hillman Township, MN
How long does it take to sell a home in Hillman Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 50 Days | +233.3% |
Summary: Homes in Hillman Township had an average of 50 days on market in Nov 2024, up by 233.3% 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
Key Takeaway
Avg time on Rocket Homes in Hillman Township has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Hillman 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.
