$3,895 Closing Credit*
$328,000
2,368 SqFt
3 Beds
•1 Full Bath
#6599253, Karen Thorson, Listing Office: KT Realty
Is Oakport Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Oakport Township has remained a Seller's Market.
Key Takeaway
Oakport Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oakport Township, MN
How much do homes in Oakport Township, MN cost?
Median Sold Price
$375,500
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$104,500(-21.8%)
Key Takeaway
Homes in Oakport Township have sold for 21.8% less than they did a year ago.
Summary: The median home sold price in Oakport Township was $375,500 in October 2024, down 21.8% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $229.9K | $190K | -17.4% |
| 3 Bedrooms | $292.5K | $335K | +14.5% |
| 4 Bedrooms | $527.5K | $385K | -27.0% |
| 5+ Bedrooms | $470K | $505K | +7.4% |
Summary: Oakport Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 14.5%, 4 bedroom homes decreased by 27%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Moorhead | $257.4K | $264.9K | +2.9% |
| Oakport Township | $480K | $375.5K | -21.8% |
Housing Supply in Oakport Township, MN
How many homes are available in Oakport Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 29 | 0.0% |
Summary: The Oakport Township real estate market had 29 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Oakport Township housing inventory by bedroom type for October 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 18.2%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oakport Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Oakport Township in October 2024, up by 300.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Oakport Township, MN
How long does it take to sell a home in Oakport Township, MN?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Oakport Township has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Oakport Township; 13% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
