$8,608 Closing Credit*
$724,900
3,226 SqFt
4 Beds
•2 Full Baths
Listing Office: Coldwell Banker Realty
Is Oronoco Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Oronoco Township was a Neutral Market.
Key Takeaway
Oronoco Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oronoco Township, MN
How much do homes in Oronoco Township, MN cost?
Median Sold Price
$614,500
$233/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$189,500(+44.6%)
Key Takeaway
Homes in Oronoco Township have sold for 44.6% more than they did a month ago.
Summary: The median home sold price in Oronoco Township was $614,500 in November 2024, up 44.6% from last month, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $471.1K | N/A |
| 4 Bedrooms | $404K | $802.5K | +98.6% |
| 5+ Bedrooms | $825K | - | N/A |
Summary: Oronoco 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 did not change, 4 bedroom homes increased by 98.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Oronoco | $404K | $614.5K | +52.1% |
| Oronoco Township | $425K | $614.5K | +44.6% |
Housing Supply in Oronoco Township, MN
How many homes are available in Oronoco Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 18 | -14.3% |
Summary: The Oronoco Township real estate market had 18 homes for sale in November 2024, a 14.3% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Oronoco 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 remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 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 Oronoco Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Oronoco Township in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Oronoco Township, MN
How long does it take to sell a home in Oronoco Township, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 55 Days | +292.9% |
Summary: Homes in Oronoco Township had an average of 55 days on market in Nov 2024, up by 292.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Oronoco Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Oronoco Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
