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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rogers Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Rogers Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rogers Township, MN

How much do homes in Rogers Township, MN cost?

Median Sold Price

$434,994

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$13,188(-2.9%)

Key Takeaway

Homes in Rogers Township have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in Rogers Township was $434,994 in October 2024, down 2.9% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $267.5K$437.9K
+63.7%
2 $374.9K$425K
+13.3%
3 $375K$365K
-2.7%
4 $490.4K$491K
0.1%
5+ $484.4K$499.4K
+3.1%

Summary: Rogers Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.7%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 3.1%.

Housing Supply in Rogers Township, MN

How many homes are available in Rogers Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
129163+26.4%

Summary: The Rogers Township real estate market had 163 homes for sale in October 2024, a 26.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2323
0.0%
3 4262
+47.6%
4 4557
+26.7%
5+ 1820
+11.1%

Summary: The Rogers 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 47.6%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3141+32.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rogers Township, expect to pay close to the asking price. 53.7% of homes here sold near the asking price last month.

Summary: A total of 41 homes were sold or pending in Rogers Township in October 2024, up by 32.3% month-over-month. Of the 41 sold homes, 27% were sold under asking, 54% were sold at asking, and 20% were sold over asking.

Days on Market for Rogers Township, MN

How long does it take to sell a home in Rogers Township, MN?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days29 Days+14.8%

Summary: Homes in Rogers Township had an average of 29 days on market in Oct 2024, up by 14.8% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 41 homes were sold in Rogers Township; 49% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 2% 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 17 Days Ago

Newest Listings in Rogers Township, MN

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