$3,859 Closing Credit*
$325,000
2,150 SqFt
4 Beds
•2 Full Baths
#1899671, Angie Wilson, Listing Office: Gerrard-Hoeschler, REALTORS
Is La Crescent 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, La Crescent Township has remained a Seller's Market.
Key Takeaway
La Crescent Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in La Crescent Township, MN
How much do homes in La Crescent Township, MN cost?
Median Sold Price
$350,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+9.4%)
Key Takeaway
Homes in La Crescent Township have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in La Crescent Township was $350,000 in October 2024, up 9.4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $240.5K | +37.4% |
| 3 Bedrooms | $315K | $320K | +1.6% |
| 4 Bedrooms | $385K | $480K | +24.7% |
| 5+ Bedrooms | $569K | $475K | -16.5% |
Summary: La Crescent 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 37.4%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes decreased by 16.5%.
Median Sold Price Compared To Nearby Cities
| La Crescent | $315K | $350K | +11.1% |
| Campbell | $240K | $265K | +10.4% |
| La Crescent Township | $320K | $350K | +9.4% |
Housing Supply in La Crescent Township, MN
How many homes are available in La Crescent Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Summary: The La Crescent Township real estate market had 17 homes for sale in October 2024, a 10.5% decrease 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 | 0 | -100.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The La Crescent 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 decreased by 100%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Crescent Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in La Crescent Township in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for La Crescent Township, MN
How long does it take to sell a home in La Crescent Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 14 Days | -46.2% |
Summary: Homes in La Crescent Township had an average of 14 days on market in Oct 2024, down by 46.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in La Crescent Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in La Crescent Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
