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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nidaros Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Nidaros Township, MN

How much do homes in Nidaros Township, MN cost?

Median Sold Price

$250,000

$260/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$170,000(-40.5%)

Key Takeaway

Homes in Nidaros Township have sold for 40.5% less than they did a month ago.

Summary: The median home sold price in Nidaros Township was $250,000 in November 2024, down 40.5% from last month, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $420K$250K
-40.5%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Nidaros 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 decreased by 40.5%, 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

Girard Township
+139.1%
Nidaros Township
-40.5%

Housing Supply in Nidaros Township, MN

How many homes are available in Nidaros Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
42-50.0%

Summary: The Nidaros Township real estate market had 2 homes for sale in November 2024, a 50.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Nidaros 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 decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 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 Nidaros 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 Nidaros Township in November 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 Nidaros Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
58 Days8 Days-86.2%

Summary: Homes in Nidaros Township had an average of 8 days on market in Nov 2024, down by 86.2% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nidaros Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Nidaros 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Nidaros Township, MN

Nearby Markets to Nidaros Township, MN