$2,611 Closing Credit*
$219,900
2,582 SqFt
5 Beds
•1 Full Bath, 1 Partial
Listing Office: Central MN Realty LLC
Is Long Prairie 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, Long Prairie Township has remained a Seller's Market.
Key Takeaway
Long Prairie Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Long Prairie Township, MN
How much do homes in Long Prairie Township, MN cost?
Median Sold Price
$209,450
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$13,000(-5.8%)
Key Takeaway
Homes in Long Prairie Township have sold for 5.8% less than they did a year ago.
Summary: The median home sold price in Long Prairie Township was $209,450 in October 2024, down 5.8% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $51K | $135K | +164.7% |
| 2 Bedrooms | $131.5K | $209.4K | +59.3% |
| 3 Bedrooms | $222.5K | $197.5K | -11.2% |
| 4 Bedrooms | $232K | $258.9K | +11.6% |
| 5+ Bedrooms | $890K | $348.7K | -60.8% |
Summary: Long Prairie Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 164.7%, 2 bedroom homes increased by 59.3%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes decreased by 60.8%.
Median Sold Price Compared To Nearby Cities
| Long Prairie Township | $222.4K | $209.4K | -5.8% |
| Long Prairie | $222.4K | $209.4K | -5.8% |
Housing Supply in Long Prairie Township, MN
How many homes are available in Long Prairie Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 33 | +3.1% |
Summary: The Long Prairie Township real estate market had 33 homes for sale in October 2024, a 3.1% increase 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 | 13 | 8 | -38.5% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Long Prairie 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 38.5%, 3 bedroom homes increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Long Prairie Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Long Prairie Township in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Long Prairie Township, MN
How long does it take to sell a home in Long Prairie Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 40 Days | +134.6% |
Summary: Homes in Long Prairie Township had an average of 40 days on market in Oct 2024, up by 134.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Long Prairie Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Long Prairie Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
