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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hiram Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Hiram Township, MN

How much do homes in Hiram Township, MN cost?

Median Sold Price

$655,000

$328/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$423,000(+182.3%)

Key Takeaway

Homes in Hiram Township have sold for 182.3% more than they did a month ago.

Summary: The median home sold price in Hiram Township was $655,000 in December 2024, up 182.3% from last month, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$655K
N/A
4 $232K-
N/A
5+ --
N/A

Summary: Hiram Township housing prices by bedroom type for December 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

Hiram Township
+182.3%
Birch Lake Township
+42.1%
Shingobee Township
-39.1%

Housing Supply in Hiram Township, MN

How many homes are available in Hiram Township, MN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
32-33.3%

Summary: The Hiram Township real estate market had 2 homes for sale in December 2024, a 33.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 10
-100.0%
5+ 00
0.0%

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

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hiram 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 Hiram Township in December 2024, the same as the previous 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 Hiram Township, MN

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

Average Sale Time

Nov 2024Dec 2024CHANGE
161 Days91 Days-43.5%

Summary: Homes in Hiram Township had an average of 91 days on market in Dec 2024, down by 43.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Most homes in Hiram Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 1 homes were sold in Hiram Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 4 Days Ago

Newest Listings in Hiram Township, MN

Nearby Markets to Hiram Township, MN

What housing markets are near Hiram Township, MN?