$4,393 Closing Credit*
$369,900
1,610 SqFt
2 Beds
•1 Bath
Listing Office: Realty Group LLC
Is Oak Lawn Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Oak Lawn Township has remained a Seller's Market.
Key Takeaway
Oak Lawn Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oak Lawn Township, MN
How much do homes in Oak Lawn Township, MN cost?
Median Sold Price
$335,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,500(-0.7%)
Key Takeaway
Homes in Oak Lawn Township have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Oak Lawn Township was $335,000 in November 2024, down 0.7% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | - | N/A |
| 2 Bedrooms | $258K | $260K | +0.8% |
| 3 Bedrooms | $270K | $372.5K | +38.0% |
| 4 Bedrooms | $473.1K | $300K | -36.6% |
| 5+ Bedrooms | $515K | $699.7K | +35.9% |
Summary: Oak Lawn 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 increased by 0.8%, 3 bedroom homes increased by 38%, 4 bedroom homes decreased by 36.6%, and 5+ bedroom homes increased by 35.9%.
Median Sold Price Compared To Nearby Cities
| Long Lake Township | $525K | $700K | +33.3% |
| First Assessment | $367.5K | $405K | +10.2% |
| Brainerd | $281K | $301.6K | +7.4% |
| Oak Lawn Township | $337.5K | $335K | -0.7% |
Housing Supply in Oak Lawn Township, MN
How many homes are available in Oak Lawn Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Oak Lawn Township real estate market had 9 homes for sale in November 2024, a 12.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Oak Lawn Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Oak Lawn Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Oak Lawn Township in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Oak Lawn Township, MN
How long does it take to sell a home in Oak Lawn Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 86 Days | 13 Days | -84.4% |
Summary: Homes in Oak Lawn Township had an average of 13 days on market in Nov 2024, down by 84.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oak Lawn Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Oak Lawn 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.
