$4,453 Closing Credit*
$375,000
2,264 SqFt
4 Beds
•3 Baths
Listing Office: Bill Hansen Realty/Longville
Is Kego Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Kego Township has remained a Seller's Market.
Key Takeaway
Kego Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kego Township, MN
How much do homes in Kego Township, MN cost?
Median Sold Price
$548,000
$300/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$248,000(+82.7%)
Key Takeaway
Homes in Kego Township have sold for 82.7% more than they did a year ago.
Summary: The median home sold price in Kego Township was $548,000 in November 2024, up 82.7% from last year, and the median price per square foot was $300.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $159.9K | -39.7% |
| 2 Bedrooms | $275K | $250K | -9.1% |
| 3 Bedrooms | $480K | $625K | +30.2% |
| 4 Bedrooms | $221.4K | $659K | +197.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Kego Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.7%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 30.2%, 4 bedroom homes increased by 197.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Kego Township | $300K | $548K | +82.7% |
| Longville | $370K | $425K | +14.9% |
Housing Supply in Kego Township, MN
How many homes are available in Kego Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Kego Township real estate market had 11 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kego 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 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 Kego 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 Kego Township in November 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 Kego Township, MN
How long does it take to sell a home in Kego Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 43 Days | -10.0% |
Summary: Homes in Kego Township had an average of 43 days on market in Nov 2024, down by 10% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kego Township has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Kego Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
