$2,018 Closing Credit*
$169,900
1,649 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: RE/MAX Results
Is Little Falls 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, Little Falls Township has remained a Seller's Market.
Key Takeaway
Little Falls Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Little Falls Township, MN
How much do homes in Little Falls Township, MN cost?
Median Sold Price
$240,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,500(+5.0%)
Key Takeaway
Homes in Little Falls Township have sold for 5% more than they did a year ago.
Summary: The median home sold price in Little Falls Township was $240,000 in October 2024, up 5% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83.2K | $130K | +56.3% |
| 2 Bedrooms | $190K | $209.4K | +10.2% |
| 3 Bedrooms | $213K | $235K | +10.3% |
| 4 Bedrooms | $260K | $252.5K | -2.9% |
| 5+ Bedrooms | $309.5K | $395K | +27.6% |
Summary: Little Falls Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.3%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 27.6%.
Median Sold Price Compared To Nearby Cities
| Little Falls | $225K | $240K | +6.7% |
| Little Falls Township | $228.5K | $240K | +5.0% |
Housing Supply in Little Falls Township, MN
How many homes are available in Little Falls Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 49 | -14.0% |
Summary: The Little Falls Township real estate market had 49 homes for sale in October 2024, a 14.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 26 | 24 | -7.7% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Little Falls 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 30%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Little Falls Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Little Falls Township in October 2024, up by 11.1% month-over-month. Of the 20 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Little Falls Township, MN
How long does it take to sell a home in Little Falls Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 23 Days | -7.2% |
Summary: Homes in Little Falls Township had an average of 23 days on market in Oct 2024, down by 7.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Little Falls Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in Little Falls Township; 65% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
