Listing Office: Edina Realty, Inc.
Is Leaf Valley 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, Leaf Valley Township has remained a Seller's Market.
Key Takeaway
Leaf Valley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Leaf Valley Township, MN
How much do homes in Leaf Valley Township, MN cost?
Median Sold Price
$680,750
$411/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$163,000(+31.5%)
Key Takeaway
Homes in Leaf Valley Township have sold for 31.5% more than they did a month ago.
Summary: The median home sold price in Leaf Valley Township was $680,750 in October 2024, up 31.5% from last month, and the median price per square foot was $411.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $533.5K | - | N/A |
| 3 Bedrooms | $502K | $680.7K | +35.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Leaf Valley 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 increased by 35.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ida Township | $344.9K | $469.1K | +36.0% |
| Leaf Valley Township | $517.7K | $680.7K | +31.5% |
Housing Supply in Leaf Valley Township, MN
How many homes are available in Leaf Valley Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Summary: The Leaf Valley Township real estate market had 2 homes for sale in October 2024, a 50.0% 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 | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Leaf Valley 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leaf Valley Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Leaf Valley Township in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Leaf Valley Township, MN
How long does it take to sell a home in Leaf Valley Township, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 Days | 6 Days | -90.2% |
Summary: Homes in Leaf Valley Township had an average of 6 days on market in Oct 2024, down by 90.2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Leaf Valley Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Leaf Valley 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.
