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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mantrap Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Mantrap Township was a Neutral Market.

Key Takeaway

Mantrap Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mantrap Township, MN

How much do homes in Mantrap Township, MN cost?

Median Sold Price

$295,000

$394/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$54,900(-15.7%)

Key Takeaway

Homes in Mantrap Township have sold for 15.7% less than they did a month ago.

Summary: The median home sold price in Mantrap Township was $295,000 in September 2024, down 15.7% from last month, and the median price per square foot was $394.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $349.9K$295K
-15.7%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Mantrap Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Mantrap Township, MN

How many homes are available in Mantrap Township, MN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
78+14.3%

Summary: The Mantrap Township real estate market had 8 homes for sale in September 2024, a 14.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 02
+100.0%
2 43
-25.0%
3 00
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Mantrap Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

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 Mantrap 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 Mantrap Township in September 2024, the same as the previous 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 Mantrap Township, MN

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

Average Sale Time

Aug 2024Sep 2024CHANGE
4 Days45 Days+1025.0%

Summary: Homes in Mantrap Township had an average of 45 days on market in Sep 2024, up by 1025% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mantrap Township has remained consistent over time.

Summary: During September 2024, 1 homes were sold in Mantrap Township; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

Newest Listings in Mantrap Township, MN

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