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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Hope Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Port Hope Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Port Hope Township, MN

How much do homes in Port Hope Township, MN cost?

Median Sold Price

$459,900

$248/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$152,400(+49.6%)

Key Takeaway

Homes in Port Hope Township have sold for 49.6% more than they did a month ago.

Summary: The median home sold price in Port Hope Township was $459,900 in November 2024, up 49.6% from last month, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$459.9K
N/A
3 --
N/A
4 $307.5K-
N/A
5+ --
N/A

Summary: Port Hope Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Port Hope Township, MN

How many homes are available in Port Hope Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Port Hope Township real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 00
0.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The Port Hope 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 decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Hope Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Port Hope Township in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Port Hope Township, MN

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Port Hope Township; 100% of homes were sold within 30 days, 0% 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 29 Days Ago

Newest Listings in Port Hope Township, MN

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