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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nininger Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Nininger Township, MN

How much do homes in Nininger Township, MN cost?

Median Sold Price

$536,500

$179/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$67,500(+14.4%)

Key Takeaway

Homes in Nininger Township have sold for 14.4% more than they did a month ago.

Summary: The median home sold price in Nininger Township was $536,500 in November 2024, up 14.4% from last month, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $310K$473K
+52.6%
4 $628K$600K
-4.5%
5+ --
N/A

Summary: Nininger 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 increased by 52.6%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes did not change.

Housing Supply in Nininger Township, MN

How many homes are available in Nininger Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
78+14.3%

Summary: The Nininger Township real estate market had 8 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 34
+33.3%
5+ 11
0.0%

Summary: The Nininger 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 remained the same, 4 bedroom homes increased by 33.3%, 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

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nininger 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 Nininger Township in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Nininger Township, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
10 Days24 Days+133.3%

Summary: Homes in Nininger Township had an average of 24 days on market in Nov 2024, up by 133.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During November 2024, 2 homes were sold in Nininger Township; 50% of homes were sold within 30 days, 50% 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 Nininger Township, MN

Nearby Markets to Nininger Township, MN

What housing markets are near Nininger Township, MN?