$59,900
Land
Listing Office: RE/MAX Results
Is Kettle River Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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
$333,500
$167/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$198,500(+147.0%)
Key Takeaway
Homes in Kettle River Township have sold for 147% more than they did a month ago.
Summary: The median home sold price in Kettle River Township was $333,500 in November 2024, up 147% from last month, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135K | - | N/A |
| 3 Bedrooms | - | $333.5K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Kettle River 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
| Kettle River Township | $135K | $333.5K | +147.0% |
| Sturgeon Lake Township | $297.6K | $148.9K | -50.0% |
Housing Supply in Kettle River Township, MN
How many homes are available in Kettle River Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Kettle River Township real estate market had 11 homes for sale in November 2024, a 8.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kettle River 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 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kettle River Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Kettle River Township in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 97 Days | 2 Days | -97.9% |
Summary: Homes in Kettle River Township had an average of 2 days on market in Nov 2024, down by 97.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kettle River Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Kettle River Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
