$5,154 Closing Credit*
$434,000
955 SqFt
2 Beds
•1 Bath
Listing Office: Coldwell Banker Realty
Is Ideal 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, Ideal Township was a Buyer's Market.
Key Takeaway
Ideal 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 Ideal Township, MN
How much do homes in Ideal Township, MN cost?
Median Sold Price
$815,000
$332/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$390,000(+91.8%)
Key Takeaway
Homes in Ideal Township have sold for 91.8% more than they did a month ago.
Summary: The median home sold price in Ideal Township was $815,000 in November 2024, up 91.8% from last month, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $520K | - | N/A |
| 2 Bedrooms | $185K | - | N/A |
| 3 Bedrooms | - | $815K | N/A |
| 4 Bedrooms | $425K | $752.5K | +77.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Ideal 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 increased by 77.1%, and 5+ bedroom homes did not change.
Housing Supply in Ideal Township, MN
How many homes are available in Ideal Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 32 | -5.9% |
Summary: The Ideal Township real estate market had 32 homes for sale in November 2024, a 5.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ideal Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ideal Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Ideal Township in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Ideal Township, MN
How long does it take to sell a home in Ideal Township, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 191 Days | 57 Days | -69.9% |
Summary: Homes in Ideal Township had an average of 57 days on market in Nov 2024, down by 69.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ideal Township has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Ideal Township; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
