$5,047 Closing Credit*
$425,000
2,404 SqFt
4 Beds
•2 Full Baths
Listing Office: RE/MAX Results
Is Rockford Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$369,990
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,510(-4.0%)
Key Takeaway
Homes in Rockford Township have sold for 4% less than they did a year ago.
Summary: The median home sold price in Rockford Township was $369,990 in October 2024, down 4% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $335K | $335K | 0.0% |
| 3 Bedrooms | $337.5K | $330K | -2.2% |
| 4 Bedrooms | $440K | $420K | -4.5% |
| 5+ Bedrooms | $605K | $517.4K | -14.5% |
Summary: Rockford 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 did not change, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 14.5%.
Housing Supply in Rockford Township, MN
How many homes are available in Rockford Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 46 | +27.8% |
Summary: The Rockford Township real estate market had 46 homes for sale in October 2024, a 27.8% increase 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 | 7 | 7 | 0.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 11 | 18 | +63.6% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Rockford 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 increased by 8.3%, 4 bedroom homes increased by 63.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rockford Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Rockford Township in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 20 Days | -17.3% |
Summary: Homes in Rockford Township had an average of 20 days on market in Oct 2024, down by 17.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rockford Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Rockford Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
