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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nashwauk Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Nashwauk Township has remained a Seller's Market.

Key Takeaway

Nashwauk Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Nashwauk Township, MN

How much do homes in Nashwauk Township, MN cost?

Median Sold Price

$497,000

$155/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$274,000(+122.9%)

Key Takeaway

Homes in Nashwauk Township have sold for 122.9% more than they did a month ago.

Summary: The median home sold price in Nashwauk Township was $497,000 in November 2024, up 122.9% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$262K
N/A
3 $223K-
N/A
4 --
N/A
5+ -$732K
N/A

Summary: Nashwauk Township housing prices by bedroom type for November 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

Nashwauk Township
+122.9%
Nashwauk
+122.9%

Housing Supply in Nashwauk Township, MN

How many homes are available in Nashwauk Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
97-22.2%

Summary: The Nashwauk Township real estate market had 7 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 64
-33.3%
4 11
0.0%
5+ 11
0.0%

Summary: The Nashwauk 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nashwauk Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Nashwauk Township in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Nashwauk Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
54 Days112 Days+107.4%

Summary: Homes in Nashwauk Township had an average of 112 days on market in Nov 2024, up by 107.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Nashwauk Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in Nashwauk Township, MN

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What housing markets are near Nashwauk Township, MN?