$7,956 Closing Credit*
$670,000
3,672 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Weekley Homes, LLC
Is Maple Grove 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, Maple Grove Township has remained a Seller's Market.
Key Takeaway
Maple Grove Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maple Grove Township, MN
How much do homes in Maple Grove Township, MN cost?
Median Sold Price
$402,309
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,444(+3.5%)
Key Takeaway
Homes in Maple Grove Township have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Maple Grove Township was $402,309 in October 2024, up 3.5% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $180K | -29.4% |
| 2 Bedrooms | $280K | $282.5K | +0.9% |
| 3 Bedrooms | $359.9K | $360K | 0.0% |
| 4 Bedrooms | $482.6K | $481K | -0.3% |
| 5+ Bedrooms | $702K | $698K | -0.6% |
Summary: Maple Grove Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.4%, 2 bedroom homes increased by 0.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 0.6%.
Housing Supply in Maple Grove Township, MN
How many homes are available in Maple Grove Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 403 | 432 | +7.2% |
Summary: The Maple Grove Township real estate market had 432 homes for sale in October 2024, a 7.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 77 | 84 | +9.1% |
| 3 Bedrooms | 113 | 130 | +15.0% |
| 4 Bedrooms | 124 | 131 | +5.6% |
| 5+ Bedrooms | 89 | 87 | -2.2% |
Summary: The Maple Grove 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 increased by 9.1%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 2.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 108 | 93 | -13.9% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maple Grove Township, you may be able to get a good deal. 43% of homes here sold below asking price last month.
Summary: A total of 93 homes were sold or pending in Maple Grove Township in October 2024, down by 13.9% month-over-month. Of the 93 sold homes, 43% were sold under asking, 27% were sold at asking, and 30% were sold over asking.
Days on Market for Maple Grove Township, MN
How long does it take to sell a home in Maple Grove Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 25 Days | +0.9% |
Summary: Homes in Maple Grove Township had an average of 25 days on market in Oct 2024, up by 0.9% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Maple Grove Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 93 homes were sold in Maple Grove Township; 70% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
