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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Houston Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Houston Township was a Seller's Market.

Key Takeaway

Houston Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Houston Township, MN

How much do homes in Houston Township, MN cost?

Median Sold Price

$217,000

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$112,900(-34.2%)

Key Takeaway

Homes in Houston Township have sold for 34.2% less than they did a year ago.

Summary: The median home sold price in Houston Township was $217,000 in October 2024, down 34.2% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $75K-
N/A
2 $301.7K$128.5K
-57.4%
3 $340K$216K
-36.5%
4 $344.4K$295K
-14.4%
5+ $590K$534.9K
-9.3%

Summary: Houston 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 57.4%, 3 bedroom homes decreased by 36.5%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes decreased by 9.3%.

Median Sold Price Compared To Nearby Cities

Houston
-33.9%
Houston Township
-34.2%

Housing Supply in Houston Township, MN

How many homes are available in Houston Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The Houston Township real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 12
+100.0%
4 53
-40.0%
5+ 32
-33.3%

Summary: The Houston 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 100%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

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 Houston 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 Houston Township in October 2024, down by 66.7% 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 Houston Township, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
99 Days10 Days-89.9%

Summary: Homes in Houston Township had an average of 10 days on market in Oct 2024, down by 89.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Houston Township; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in Houston Township, MN

Nearby Markets to Houston Township, MN