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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Raymond Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Raymond Township, MN

How much do homes in Raymond Township, MN cost?

Median Sold Price

$340,000

$94/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$168,750(+98.5%)

Key Takeaway

Homes in Raymond Township have sold for 98.5% more than they did a month ago.

Summary: The median home sold price in Raymond Township was $340,000 in August 2024, up 98.5% from last month, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 $171.2K-
N/A
3 --
N/A
4 --
N/A
5+ -$340K
N/A

Summary: Raymond Township housing prices by bedroom type for August 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 Raymond Township, MN

How many homes are available in Raymond Township, MN?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
42-50.0%

Summary: The Raymond Township real estate market had 2 homes for sale in August 2024, a 50.0% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 00
0.0%
4 11
0.0%
5+ 11
0.0%

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

Number of Homes Sold

Jul 2024Aug 2024CHANGE
21-50.0%

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 Raymond 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 Raymond Township in August 2024, down by 50.0% 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 Raymond 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 Raymond Township are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 1 homes were sold in Raymond 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 15 Days Ago

Newest Listings in Raymond Township, MN

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