$1,544 Closing Credit*
$130,000
983 SqFt
2 Beds
•1 Full Bath
Listing Office: Hewitt Jackson Real Estate
Is Onamia Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Onamia Township has remained a Seller's Market.
Key Takeaway
Onamia Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Onamia Township, MN
How much do homes in Onamia Township, MN cost?
Median Sold Price
$277,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$40,000(+16.9%)
Key Takeaway
Homes in Onamia Township have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in Onamia Township was $277,000 in December 2024, up 16.9% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146.9K | $65K | -55.8% |
| 2 Bedrooms | $170K | $259.7K | +52.8% |
| 3 Bedrooms | $278.7K | $280K | 0.4% |
| 4 Bedrooms | $259.9K | $299.9K | +15.4% |
| 5+ Bedrooms | - | $370K | N/A |
Summary: Onamia Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.8%, 2 bedroom homes increased by 52.8%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Onamia Township | $237K | $277K | +16.9% |
| Onamia | $237K | $277K | +16.9% |
| South Harbor Township | $284K | $295K | +3.9% |
Housing Supply in Onamia Township, MN
How many homes are available in Onamia Township, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Onamia Township real estate market had 17 homes for sale in December 2024, a 6.3% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Onamia Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Onamia Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Onamia Township in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Onamia Township, MN
How long does it take to sell a home in Onamia Township, MN?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 41 Days | 79 Days | +91.2% |
Summary: Homes in Onamia Township had an average of 79 days on market in Dec 2024, up by 91.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Onamia Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Onamia Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
