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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hines Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hines Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hines Township, MN

How much do homes in Hines Township, MN cost?

Median Sold Price

$388,000

$138/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$108,500(+38.8%)

Key Takeaway

Homes in Hines Township have sold for 38.8% more than they did a month ago.

Summary: The median home sold price in Hines Township was $388,000 in November 2024, up 38.8% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$388K
N/A
3 $279.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: Hines 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 did not change, 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

Hines Township
+38.8%
Hines
+38.8%
Blackduck
-3.5%

Housing Supply in Hines Township, MN

How many homes are available in Hines Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
65-16.7%

Summary: The Hines Township real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 22
0.0%
3 31
-66.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Hines Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hines Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Hines Township in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hines Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
107 Days84 Days-21.5%

Summary: Homes in Hines Township had an average of 84 days on market in Nov 2024, down by 21.5% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hines Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Hines 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Hines Township, MN

Nearby Markets to Hines Township, MN