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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moe Township is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Moe Township was a Seller's Market.

Key Takeaway

Moe 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 Moe Township, MN

How much do homes in Moe Township, MN cost?

Median Sold Price

$400,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$65,000(+19.4%)

Key Takeaway

Homes in Moe Township have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in Moe Township was $400,000 in October 2024, up 19.4% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $70K$129.9K
+85.6%
2 $415K$350K
-15.7%
3 $310K$482.5K
+55.6%
4 $472.4K$402.4K
-14.8%
5+ -$414K
N/A

Summary: Moe Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.6%, 2 bedroom homes decreased by 15.7%, 3 bedroom homes increased by 55.6%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Moe Township
+19.4%
La Grand Township
+2.0%
Brandon Township
-38.0%

Housing Supply in Moe Township, MN

How many homes are available in Moe Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The Moe Township real estate market had 7 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 32
-33.3%
3 11
0.0%
4 12
+100.0%
5+ 10
-100.0%

Summary: The Moe Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

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 Moe 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 Moe Township in October 2024, down by 50.0% month-over-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 Moe Township, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days50 Days+108.3%

Summary: Homes in Moe Township had an average of 50 days on market in Oct 2024, up by 108.3% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Moe 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 2 Days Ago

Newest Listings in Moe Township, MN

Nearby Markets to Moe Township, MN

What housing markets are near Moe Township, MN?