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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plainview Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Plainview Township has remained a Seller's Market.

Key Takeaway

Plainview Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Plainview Township, MN

How much do homes in Plainview Township, MN cost?

Median Sold Price

$257,500

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,500(+5.1%)

Key Takeaway

Homes in Plainview Township have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Plainview Township was $257,500 in October 2024, up 5.1% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $240.7K$198.5K
-17.5%
3 $230K$265K
+15.2%
4 $285K$266.2K
-6.6%
5+ $335.5K$343.7K
+2.5%

Summary: Plainview Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.5%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Cities

Plainview Township
+5.1%
Plainview
+2.2%

Housing Supply in Plainview Township, MN

How many homes are available in Plainview Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10100.0%

Summary: The Plainview Township real estate market had 10 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 45
+25.0%
4 53
-40.0%
5+ 00
0.0%

Summary: The Plainview Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plainview 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 Plainview Township in October 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 Plainview Township, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days37 Days-23.2%

Summary: Homes in Plainview Township had an average of 37 days on market in Oct 2024, down by 23.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Plainview Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Plainview Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

Newest Listings in Plainview Township, MN

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