$4,453 Closing Credit*
$375,000
3,500 SqFt
5 Beds
•3 Full Baths
Listing Office: Keller Williams Realty Professionals
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 November 2023
At the same time last year, Long Prairie Township was a Seller's Market.
Key Takeaway
Long Prairie Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Long Prairie Township, MN
How much do homes in Long Prairie Township, MN cost?
Median Sold Price
$207,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$22,900(-10.0%)
Key Takeaway
Homes in Long Prairie Township have sold for 10% less than they did a year ago.
Summary: The median home sold price in Long Prairie Township was $207,000 in November 2024, down 10% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $51K | $135K | +164.7% |
| 2 Bedrooms | $145K | $209.4K | +44.4% |
| 3 Bedrooms | $222.5K | $193.7K | -12.9% |
| 4 Bedrooms | $232K | $259.9K | +12.0% |
| 5+ Bedrooms | $937.5K | $348.7K | -62.8% |
Summary: Long Prairie Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 164.7%, 2 bedroom homes increased by 44.4%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 62.8%.
Median Sold Price Compared To Nearby Cities
| Long Prairie Township | $229.9K | $207K | -10.0% |
| Long Prairie | $229.9K | $207K | -10.0% |
Housing Supply in Long Prairie Township, MN
How many homes are available in Long Prairie Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 26 | -10.3% |
Summary: The Long Prairie Township real estate market had 26 homes for sale in November 2024, a 10.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Long Prairie Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Long Prairie Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Long Prairie Township in November 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 17 Days | +88.9% |
Summary: Homes in Long Prairie Township had an average of 17 days on market in Nov 2024, up by 88.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were 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 November 2024, 1 homes were sold in Long Prairie 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.
