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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kalmar Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Kalmar Township, MN

How much do homes in Kalmar Township, MN cost?

Median Sold Price

$625,000

$390/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$25,010(+4.2%)

Key Takeaway

Homes in Kalmar Township have sold for 4.2% more than they did a month ago.

Summary: The median home sold price in Kalmar Township was $625,000 in November 2024, up 4.2% from last month, and the median price per square foot was $390.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$625K
N/A
3 --
N/A
4 $599.9K-
N/A
5+ --
N/A

Summary: Kalmar 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kalmar Township
+4.2%
Mantorville Township
-9.2%

Housing Supply in Kalmar Township, MN

How many homes are available in Kalmar Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Kalmar Township real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Kalmar 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kalmar Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Kalmar Township in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kalmar Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
9 Days209 Days+2222.2%

Summary: Homes in Kalmar Township had an average of 209 days on market in Nov 2024, up by 2222.2% 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 Kalmar Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Kalmar 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 17 Days Ago

Newest Listings in Kalmar Township, MN

Nearby Markets to Kalmar Township, MN

What housing markets are near Kalmar Township, MN?