$3,205 Closing Credit*
$269,900
1,440 SqFt
3 Beds
•2 Full Baths
Listing Office: Fish MLS Realty
Is Pokegama Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Pokegama Township has remained a Seller's Market.
Key Takeaway
Pokegama Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pokegama Township, MN
How much do homes in Pokegama Township, MN cost?
Median Sold Price
$361,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$81,000(+28.9%)
Key Takeaway
Homes in Pokegama Township have sold for 28.9% more than they did a year ago.
Summary: The median home sold price in Pokegama Township was $361,000 in October 2024, up 28.9% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $181.9K | - | N/A |
| 2 Bedrooms | $375K | $280K | -25.3% |
| 3 Bedrooms | $275K | $347.2K | +26.3% |
| 4 Bedrooms | $435K | $465K | +6.9% |
| 5+ Bedrooms | $200K | $442.5K | +121.2% |
Summary: Pokegama 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 25.3%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 121.2%.
Median Sold Price Compared To Nearby Cities
| Pokegama Township | $280K | $361K | +28.9% |
| Pine City | $280K | $307K | +9.6% |
Housing Supply in Pokegama Township, MN
How many homes are available in Pokegama Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Summary: The Pokegama Township real estate market had 23 homes for sale in October 2024, a 4.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pokegama 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 7 | +600.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pokegama Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Pokegama Township in October 2024, up by 600.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Pokegama Township, MN
How long does it take to sell a home in Pokegama Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 54 Days | -2.0% |
Summary: Homes in Pokegama Township had an average of 54 days on market in Oct 2024, down by 2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pokegama Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Pokegama Township; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
