$4,869 Closing Credit*
$410,000
1,750 SqFt
4 Beds
•1 Full Bath
Listing Office: Savvy Avenue, LLC
Is Ogema 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, Ogema Township has remained a Seller's Market.
Key Takeaway
Ogema Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ogema Township, MN
How much do homes in Ogema Township, MN cost?
Median Sold Price
$250,000
$159/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$131,000(-34.4%)
Key Takeaway
Homes in Ogema Township have sold for 34.4% less than they did a month ago.
Summary: The median home sold price in Ogema Township was $250,000 in October 2024, down 34.4% from last month, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $250K | $250K | 0.0% |
| 4 Bedrooms | $512K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Ogema Township housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Union | $329.9K | $440K | +33.4% |
| Ogema Township | $381K | $250K | -34.4% |
Housing Supply in Ogema Township, MN
How many homes are available in Ogema Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Summary: The Ogema Township real estate market had 2 homes for sale in October 2024, a 50.0% decrease compared to 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 | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ogema 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 decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -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
Key Takeaway
If you're buying a home in Ogema 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 Ogema Township in October 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 Ogema Township, MN
How long does it take to sell a home in Ogema Township, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 35 Days | -39.1% |
Summary: Homes in Ogema Township had an average of 35 days on market in Oct 2024, down by 39.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ogema Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Ogema Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
