$3,551 Closing Credit*
$299,000
2,448 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: eXp Realty (3788 FGO)
Is Oakport Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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
$365,000
$160/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$79,000(-17.8%)
Key Takeaway
Homes in Oakport Township have sold for 17.8% less than they did a month ago.
Summary: The median home sold price in Oakport Township was $365,000 in November 2024, down 17.8% from last month, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $415K | $335K | -19.3% |
| 4 Bedrooms | $438K | $375K | -14.4% |
| 5+ Bedrooms | $850K | - | N/A |
Summary: Oakport 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 decreased by 19.3%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Reed Township | $479K | $567.5K | +18.5% |
| Oakport Township | $444K | $365K | -17.8% |
Housing Supply in Oakport Township, MN
How many homes are available in Oakport Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 15 | -46.4% |
Summary: The Oakport Township real estate market had 15 homes for sale in November 2024, a 46.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 4 | -55.6% |
| 4 Bedrooms | 13 | 7 | -46.2% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Oakport 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 55.6%, 4 bedroom homes decreased by 46.2%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 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. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Oakport Township in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Oakport Township, MN
How long does it take to sell a home in Oakport Township, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 Days | 85 Days | +18.3% |
Summary: Homes in Oakport Township had an average of 85 days on market in Nov 2024, up by 18.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Oakport Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 5 homes were sold in Oakport Township; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
