$1,182 Closing Credit*
$99,500
1,848 SqFt
3 Beds
•2 Full Baths
Listing Office: Gallery of Homes
Is Meadow Brook Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Meadow Brook Township has remained a Seller's Market.
Key Takeaway
Meadow Brook Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Meadow Brook Township, MN
How much do homes in Meadow Brook Township, MN cost?
Median Sold Price
$140,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$18,500(-11.6%)
Key Takeaway
Homes in Meadow Brook Township have sold for 11.6% less than they did a year ago.
Summary: The median home sold price in Meadow Brook Township was $140,500 in November 2024, down 11.6% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $139K | N/A |
| 2 Bedrooms | $136K | $103.7K | -23.7% |
| 3 Bedrooms | $295K | $180K | -39.0% |
| 4 Bedrooms | $460K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Meadow Brook Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.7%, 3 bedroom homes decreased by 39%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Motley | $225K | $290K | +28.9% |
| Byron Township | $376.7K | $363.4K | -3.5% |
| Meadow Brook Township | $159K | $140.5K | -11.6% |
Housing Supply in Meadow Brook Township, MN
How many homes are available in Meadow Brook Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Meadow Brook Township real estate market had 5 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Meadow Brook Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
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 Meadow Brook 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 Meadow Brook Township in November 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 Meadow Brook Township, MN
How long does it take to sell a home in Meadow Brook Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 128 Days | 45 Days | -64.8% |
Summary: Homes in Meadow Brook Township had an average of 45 days on market in Nov 2024, down by 64.8% compared to last year.
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
Key Takeaway
Avg time on Rocket Homes in Meadow Brook Township has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Meadow Brook 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.
