$5,047 Closing Credit*
$425,000
1,575 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Advantage Plus
Is Lakeside 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, Lakeside Township has remained a Seller's Market.
Key Takeaway
Lakeside Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lakeside Township, MN
How much do homes in Lakeside Township, MN cost?
Median Sold Price
$343,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$108,100(+46.0%)
Key Takeaway
Homes in Lakeside Township have sold for 46% more than they did a year ago.
Summary: The median home sold price in Lakeside Township was $343,000 in October 2024, up 46% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | - | N/A |
| 2 Bedrooms | $150K | $350K | +133.3% |
| 3 Bedrooms | $255K | $285.5K | +12.0% |
| 4 Bedrooms | $234.9K | $450K | +91.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Lakeside 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 133.3%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 91.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lakeside Township | $234.9K | $343K | +46.0% |
| Isle | $260K | $256K | -1.5% |
Housing Supply in Lakeside Township, MN
How many homes are available in Lakeside Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Lakeside Township real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lakeside 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 50%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 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 Lakeside Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Lakeside Township in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Lakeside Township, MN
How long does it take to sell a home in Lakeside Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 48 Days | +380.0% |
Summary: Homes in Lakeside Township had an average of 48 days on market in Oct 2024, up by 380% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lakeside Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Lakeside Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
