$3,561 Closing Credit*
$299,900
1,519 SqFt
3 Beds
•1 Full Bath
Tony Vatalaro, Listing Office: Evergreen Real Estate, Inc.
Is Midway Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Midway Township was a Seller's Market.
Key Takeaway
Midway Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Midway Township, MN
How much do homes in Midway Township, MN cost?
Median Sold Price
$580,000
$235/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$70,000(-10.8%)
Key Takeaway
Homes in Midway Township have sold for 10.8% less than they did a month ago.
Summary: The median home sold price in Midway Township was $580,000 in October 2024, down 10.8% from last month, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $650K | - | N/A |
| 4 Bedrooms | - | $580K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Midway 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 did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Thomson Township | $189.5K | $334.9K | +76.8% |
| Esko | $189.5K | $324.9K | +71.5% |
| Proctor | $300K | $370.5K | +23.5% |
| Midway Township | $650K | $580K | -10.8% |
Housing Supply in Midway Township, MN
How many homes are available in Midway Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Summary: The Midway Township real estate market had 7 homes for sale in October 2024, a 75.0% 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 | 0 | 4 | +100.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Midway 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 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Midway Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Midway Township in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Midway Township, MN
How long does it take to sell a home in Midway Township, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 5 Days | -88.6% |
Summary: Homes in Midway Township had an average of 5 days on market in Oct 2024, down by 88.6% compared to last month.
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
Key Takeaway
Many homes in Midway Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Midway 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.
