$1,057 Closing Credit*
$89,000
1,440 SqFt
3 Beds
•2 Baths
Listing Office: Strong Realty
Is Ortonville Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Ortonville Township has remained a Seller's Market.
Key Takeaway
Ortonville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ortonville Township, MN
How much do homes in Ortonville Township, MN cost?
Median Sold Price
$152,500
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+1.7%)
Key Takeaway
Homes in Ortonville Township have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Ortonville Township was $152,500 in November 2024, up 1.7% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $42.2K | $150K | +255.0% |
| 2 Bedrooms | $129K | $110K | -14.7% |
| 3 Bedrooms | $141.5K | $175K | +23.7% |
| 4 Bedrooms | $329.5K | $163.5K | -50.4% |
| 5+ Bedrooms | $181K | $357.5K | +97.5% |
Summary: Ortonville Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 255%, 2 bedroom homes decreased by 14.7%, 3 bedroom homes increased by 23.7%, 4 bedroom homes decreased by 50.4%, and 5+ bedroom homes increased by 97.5%.
Median Sold Price Compared To Nearby Cities
| Ortonville Township | $150K | $152.5K | +1.7% |
| Ortonville | $150K | $152.5K | +1.7% |
Housing Supply in Ortonville Township, MN
How many homes are available in Ortonville Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Ortonville Township real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ortonville 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ortonville Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Ortonville Township in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Ortonville Township, MN
How long does it take to sell a home in Ortonville Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 75 Days | 64 Days | -15.2% |
Summary: Homes in Ortonville Township had an average of 64 days on market in Nov 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ortonville Township has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Ortonville Township; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
