$174,900
Land
Listing Office: North Pine Realty
Is Royalton Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Royalton Township was a Buyer's Market.
Key Takeaway
Royalton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Royalton Township, MN
How much do homes in Royalton Township, MN cost?
Median Sold Price
$234,000
$145/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$21,000(-8.2%)
Key Takeaway
Homes in Royalton Township have sold for 8.2% less than they did a month ago.
Summary: The median home sold price in Royalton Township was $234,000 in October 2024, down 8.2% from last month, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $152K | N/A |
| 3 Bedrooms | $255K | $234K | -8.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $272.1K | N/A |
Summary: Royalton Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Royalton Township, MN
How many homes are available in Royalton Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Summary: The Royalton Township real estate market had 15 homes for sale in October 2024, a 15.4% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Royalton 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 increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Royalton Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Royalton Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Royalton Township, MN
How long does it take to sell a home in Royalton Township, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 28 Days | -51.7% |
Summary: Homes in Royalton Township had an average of 28 days on market in Oct 2024, down by 51.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Royalton Township has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Royalton Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
