$4,453 Closing Credit*
$375,000
1,792 SqFt
3 Beds
•2 Full Baths
Listing Office: Woods to Water Real Estate
Is Remer 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, Remer Township was a Buyer's Market.
Key Takeaway
Remer Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Remer Township, MN
How much do homes in Remer Township, MN cost?
Median Sold Price
$410,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$120,500(+41.6%)
Key Takeaway
Homes in Remer Township have sold for 41.6% more than they did a year ago.
Summary: The median home sold price in Remer Township was $410,000 in November 2024, up 41.6% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $291.2K | +5.9% |
| 2 Bedrooms | $277.2K | $485K | +74.9% |
| 3 Bedrooms | $329.9K | $387.5K | +17.5% |
| 4 Bedrooms | $300K | $885K | +195.0% |
| 5+ Bedrooms | $1.1M | $1.2M | +5.1% |
Summary: Remer Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 74.9%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 195%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
| Remer Township | $289.5K | $410K | +41.6% |
| Remer | $289.5K | $410K | +41.6% |
Housing Supply in Remer Township, MN
How many homes are available in Remer Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Summary: The Remer Township real estate market had 23 homes for sale in November 2024, a 11.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Remer 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 decreased by 12.5%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 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 Remer Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Remer Township in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Remer Township, MN
How long does it take to sell a home in Remer Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 1 Day | 51 Days | +5080.0% |
Summary: Homes in Remer Township had an average of 51 days on market in Nov 2024, up by 5080% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Remer Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Remer Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
