$249,900
Land
Listing Office: Keller Williams Premier Realty
Is Jenkins Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Jenkins Township has remained a Seller's Market.
Key Takeaway
Jenkins Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jenkins Township, MN
How much do homes in Jenkins Township, MN cost?
Median Sold Price
$411,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$18,000(-4.2%)
Key Takeaway
Homes in Jenkins Township have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in Jenkins Township was $411,000 in October 2024, down 4.2% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $361.5K | $385K | +6.5% |
| 3 Bedrooms | $370K | $411K | +11.1% |
| 4 Bedrooms | $676.5K | - | N/A |
| 5+ Bedrooms | - | $1.0M | N/A |
Summary: Jenkins 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 increased by 6.5%, 3 bedroom homes increased by 11.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Jenkins Township, MN
How many homes are available in Jenkins Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Summary: The Jenkins Township real estate market had 4 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jenkins 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
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 Jenkins 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 Jenkins Township in October 2024, up by 100.0% 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 Jenkins Township, MN
How long does it take to sell a home in Jenkins Township, MN?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jenkins Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Jenkins Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
