Is Lynden Township, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lynden Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Lynden Township has remained a Seller's Market.

Key Takeaway

Lynden Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lynden Township, MN

How much do homes in Lynden Township, MN cost?

Median Sold Price

$467,500

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$102,500(+28.1%)

Key Takeaway

Homes in Lynden Township have sold for 28.1% more than they did a year ago.

Summary: The median home sold price in Lynden Township was $467,500 in October 2024, up 28.1% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $576K$325K
-43.6%
3 $330K$467.5K
+41.7%
4 $412K$530K
+28.6%
5+ $900K$599.9K
-33.3%

Summary: Lynden 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 decreased by 43.6%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 33.3%.

Median Sold Price Compared To Nearby Cities

Lynden Township
+28.1%
Clear Lake Township
+11.4%
Clearwater
+1.6%
Clearwater
+1.1%
Clearwater Township
+1.1%

Housing Supply in Lynden Township, MN

How many homes are available in Lynden Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
64-33.3%

Summary: The Lynden Township real estate market had 4 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 21
-50.0%
5+ 00
0.0%

Summary: The Lynden 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lynden 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 Lynden Township in October 2024, down by 50.0% 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 Lynden Township, MN

How long does it take to sell a home in Lynden Township, MN?

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days12 Days+300.0%

Summary: Homes in Lynden Township had an average of 12 days on market in Oct 2024, up by 300% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lynden Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Lynden 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Lynden Township, MN

Nearby Markets to Lynden Township, MN

What housing markets are near Lynden Township, MN?