$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 October 2023
Since last year, Hillman Township has remained a Seller's Market.
Key Takeaway
Hillman Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hillman Township, MN
How much do homes in Hillman Township, MN cost?
Median Sold Price
$450,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$105,500(+30.6%)
Key Takeaway
Homes in Hillman Township have sold for 30.6% more than they did a year ago.
Summary: The median home sold price in Hillman Township was $450,000 in October 2024, up 30.6% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | $340K | $282K | -17.1% |
| 3 Bedrooms | $349.5K | $475K | +35.9% |
| 4 Bedrooms | $625K | $475K | -24.0% |
| 5+ Bedrooms | $300K | $424.9K | +41.6% |
Summary: Hillman 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 17.1%, 3 bedroom homes increased by 35.9%, 4 bedroom homes decreased by 24%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The Hillman Township real estate market had 14 homes for sale in October 2024, a 27.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Hillman 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 increased by 100%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hillman Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Hillman Township in October 2024, up by 500.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 52 Days | +328.4% |
Summary: Homes in Hillman Township had an average of 52 days on market in Oct 2024, up by 328.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hillman Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Hillman Township; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
