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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kettle River Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Kettle River Township has remained a Buyer's Market.

Key Takeaway

Kettle River Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kettle River Township, MN

How much do homes in Kettle River Township, MN cost?

Median Sold Price

$135,000

$301/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$144,900(-51.8%)

Key Takeaway

Homes in Kettle River Township have sold for 51.8% less than they did a month ago.

Summary: The median home sold price in Kettle River Township was $135,000 in October 2024, down 51.8% from last month, and the median price per square foot was $301.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$135K
N/A
3 $279.9K-
N/A
4 --
N/A
5+ --
N/A

Summary: Kettle River Township housing prices by bedroom type for October 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

Willow River
-23.8%
Kettle River Township
-51.8%

Housing Supply in Kettle River Township, MN

How many homes are available in Kettle River Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
913+44.4%

Summary: The Kettle River Township real estate market had 13 homes for sale in October 2024, a 44.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 02
+100.0%
2 22
0.0%
3 76
-14.3%
4 03
+100.0%
5+ 00
0.0%

Summary: The Kettle River Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 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 Kettle River 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 Kettle River Township in October 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 Kettle River Township, MN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
38 Days97 Days+155.3%

Summary: Homes in Kettle River Township had an average of 97 days on market in Oct 2024, up by 155.3% 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 Kettle River Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Kettle River 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 Kettle River Township, MN

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