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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Round Lake Township is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Round Lake Township was a Seller's Market.

Key Takeaway

Round Lake Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Round Lake Township, MN

How much do homes in Round Lake Township, MN cost?

Median Sold Price

$235,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$130,000(+123.8%)

Key Takeaway

Homes in Round Lake Township have sold for 123.8% more than they did a year ago.

Summary: The median home sold price in Round Lake Township was $235,000 in October 2024, up 123.8% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $82.5K$172K
+108.5%
3 $415K$252.5K
-39.2%
4 $110K-
N/A
5+ --
N/A

Summary: Round Lake 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 increased by 108.5%, 3 bedroom homes decreased by 39.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Round Lake Township, MN

How many homes are available in Round Lake Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The Round Lake Township real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Round Lake 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

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 Round Lake 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 Round Lake Township in October 2024, up by 100.0% 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 Round Lake Township, MN

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

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 Round Lake Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Round Lake 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 21 Days Ago

Newest Listings in Round Lake Township, MN

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