$6,876 Closing Credit*
$579,000
4,121 SqFt
5 Beds
•3 Full Baths, 1 Partial
Listing Office: eXp Realty
Is Rockford 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, Rockford Township was a Seller's Market.
Key Takeaway
Rockford Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rockford Township, MN
How much do homes in Rockford Township, MN cost?
Median Sold Price
$375,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,500(-2.7%)
Key Takeaway
Homes in Rockford Township have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Rockford Township was $375,000 in November 2024, down 2.7% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $335K | $329.9K | -1.5% |
| 3 Bedrooms | $330K | $350K | +6.1% |
| 4 Bedrooms | $432.4K | $430K | -0.6% |
| 5+ Bedrooms | $592.5K | $517.4K | -12.7% |
Summary: Rockford Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 12.7%.
Median Sold Price Compared To Nearby Cities
| Greenfield | $615K | $795K | +29.3% |
| Franklin Township | $439.2K | $470.2K | +7.1% |
| Rockford Township | $385.5K | $375K | -2.7% |
| Rockford | $384K | $347.5K | -9.5% |
| Rockford | $384K | $347.5K | -9.5% |
Housing Supply in Rockford Township, MN
How many homes are available in Rockford Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 44 | +18.9% |
Summary: The Rockford Township real estate market had 44 homes for sale in November 2024, a 18.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 13 | 19 | +46.2% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Rockford 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 decreased by 8.3%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
3 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 Rockford Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Rockford Township in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Rockford Township, MN
How long does it take to sell a home in Rockford Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 45 Days | -9.7% |
Summary: Homes in Rockford Township had an average of 45 days on market in Nov 2024, down by 9.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rockford Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Rockford Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
