Is Ortonville Township, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ortonville Township is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Ortonville Township has remained a Buyer's Market.

Key Takeaway

Ortonville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ortonville Township, MN

How much do homes in Ortonville Township, MN cost?

Median Sold Price

$152,500

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,825(-3.1%)

Key Takeaway

Homes in Ortonville Township have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in Ortonville Township was $152,500 in October 2024, down 3.1% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $32K$101.2K
+216.4%
2 $155K$109.5K
-29.4%
3 $145K$175K
+20.7%
4 $292K$163.5K
-44.0%
5+ $181K$357.5K
+97.5%

Summary: Ortonville Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 216.4%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes increased by 20.7%, 4 bedroom homes decreased by 44%, and 5+ bedroom homes increased by 97.5%.

Median Sold Price Compared To Nearby Cities

Ortonville Township
-3.1%
Ortonville
-3.1%

Housing Supply in Ortonville Township, MN

How many homes are available in Ortonville Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1916-15.8%

Summary: The Ortonville Township real estate market had 16 homes for sale in October 2024, a 15.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 65
-16.7%
3 96
-33.3%
4 33
0.0%
5+ 11
0.0%

Summary: The Ortonville Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ortonville 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 Ortonville Township in October 2024, down by 80.0% 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 Ortonville Township, MN

How long does it take to sell a home in Ortonville Township, MN?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days79 Days+182.1%

Summary: Homes in Ortonville Township had an average of 79 days on market in Oct 2024, up by 182.1% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ortonville Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Ortonville 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Ortonville Township, MN

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