$8,253 Closing Credit*
$695,000
1,680 SqFt
3 Beds
•1 Full Bath
Listing Office: Lifecycle Real Estate Services
Is Munson Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Munson Township was a Seller's Market.
Key Takeaway
Munson Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Munson Township, MN
How much do homes in Munson Township, MN cost?
Median Sold Price
$459,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$84,000(+22.4%)
Key Takeaway
Homes in Munson Township have sold for 22.4% more than they did a year ago.
Summary: The median home sold price in Munson Township was $459,000 in November 2024, up 22.4% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52.5K | - | N/A |
| 2 Bedrooms | $296K | $289K | -2.4% |
| 3 Bedrooms | $405K | $449.9K | +11.1% |
| 4 Bedrooms | $544.3K | $525K | -3.5% |
| 5+ Bedrooms | - | $465K | N/A |
Summary: Munson 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 2.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Munson Township | $375K | $459K | +22.4% |
| Richmond | $329.9K | $345K | +4.6% |
| Eden Lake Township | $350K | $365K | +4.3% |
| Wakefield Township | $484K | $429.9K | -11.2% |
Housing Supply in Munson Township, MN
How many homes are available in Munson Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The Munson Township real estate market had 15 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 | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Munson Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Munson Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Munson Township in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Munson Township, MN
How long does it take to sell a home in Munson Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 83 Days | +391.2% |
Summary: Homes in Munson Township had an average of 83 days on market in Nov 2024, up by 391.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Munson Township has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Munson 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.
