$2,140,000
Land
Listing Office: Whitetail Properties Real
Is Parkers Prairie Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Parkers Prairie Township was a Neutral Market.
Key Takeaway
Parkers Prairie Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Parkers Prairie Township, MN
How much do homes in Parkers Prairie Township, MN cost?
Median Sold Price
$235,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,000(-1.3%)
Key Takeaway
Homes in Parkers Prairie Township have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Parkers Prairie Township was $235,000 in November 2024, down 1.3% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $107K | N/A |
| 2 Bedrooms | $220K | $234.4K | +6.5% |
| 3 Bedrooms | $250K | $232.5K | -7.0% |
| 4 Bedrooms | $268K | $425K | +58.6% |
| 5+ Bedrooms | $234.9K | $690K | +193.7% |
Summary: Parkers Prairie Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 58.6%, and 5+ bedroom homes increased by 193.7%.
Median Sold Price Compared To Nearby Cities
| Parkers Prairie Township | $238K | $235K | -1.3% |
| Parkers Prairie | $238K | $235K | -1.3% |
Housing Supply in Parkers Prairie Township, MN
How many homes are available in Parkers Prairie Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Parkers Prairie Township real estate market had 10 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Parkers Prairie 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Parkers Prairie Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Parkers Prairie Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Parkers Prairie Township, MN
How long does it take to sell a home in Parkers Prairie Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 104 Days | 182 Days | +75.5% |
Summary: Homes in Parkers Prairie Township had an average of 182 days on market in Nov 2024, up by 75.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Parkers Prairie Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Parkers Prairie Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
