$5,000,000
9,266 SqFt
4 Beds
•2 Full Baths, 2 Partial
Listing Office: Edina Realty, Inc.
Is Ida Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Ida Township was a Seller's Market.
Key Takeaway
Ida Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ida Township, MN
How much do homes in Ida Township, MN cost?
Median Sold Price
$605,250
$275/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$136,150(+29.0%)
Key Takeaway
Homes in Ida Township have sold for 29% more than they did a month ago.
Summary: The median home sold price in Ida Township was $605,250 in November 2024, up 29% from last month, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $503.2K | $428K | -14.9% |
| 4 Bedrooms | $280K | $782.5K | +179.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Ida 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 decreased by 14.9%, 4 bedroom homes increased by 179.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ida Township | $469.1K | $605.2K | +29.0% |
| Garfield | $369K | $308.9K | -16.3% |
Housing Supply in Ida Township, MN
How many homes are available in Ida Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Ida Township real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Ida 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 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ida Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Ida Township in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ida Township, MN
How long does it take to sell a home in Ida Township, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 99 Days | 37 Days | -62.3% |
Summary: Homes in Ida Township had an average of 37 days on market in Nov 2024, down by 62.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ida Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Ida Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
