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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mantorville Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mantorville Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mantorville Township, MN

How much do homes in Mantorville Township, MN cost?

Median Sold Price

$474,450

$180/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$12,000(+2.6%)

Key Takeaway

Homes in Mantorville Township have sold for 2.6% more than they did a month ago.

Summary: The median home sold price in Mantorville Township was $474,450 in October 2024, up 2.6% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$260K
N/A
4 $285K$537.4K
+88.6%
5+ $639.9K$549K
-14.2%

Summary: Mantorville 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 did not change, 4 bedroom homes increased by 88.6%, and 5+ bedroom homes decreased by 14.2%.

Median Sold Price Compared To Nearby Cities

Mantorville Township
+2.6%
Mantorville
-13.5%

Housing Supply in Mantorville Township, MN

How many homes are available in Mantorville Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
119-18.2%

Summary: The Mantorville Township real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 54
-20.0%
5+ 43
-25.0%

Summary: The Mantorville 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 remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mantorville Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Mantorville Township in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Mantorville Township, MN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
26 Days43 Days+63.2%

Summary: Homes in Mantorville Township had an average of 43 days on market in Oct 2024, up by 63.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Mantorville Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 Mantorville Township, MN

Nearby Markets to Mantorville Township, MN

What housing markets are near Mantorville Township, MN?