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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Wendel Township is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Saint Wendel Township, MN

How much do homes in Saint Wendel Township, MN cost?

Median Sold Price

$325,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$42,500(+15.0%)

Key Takeaway

Homes in Saint Wendel Township have sold for 15% more than they did a year ago.

Summary: The median home sold price in Saint Wendel Township was $325,000 in August 2024, up 15% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 -$275K
N/A
3 $259.2K$428K
+65.1%
4 $272.5K$302.4K
+11.0%
5+ $415K$495K
+19.3%

Summary: Saint Wendel Township housing prices by bedroom type for August 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 increased by 65.1%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 19.3%.

Median Sold Price Compared To Nearby Cities

Saint Wendel Township
+15.0%
Le Sauk Township
-1.4%
Sartell
-5.2%

Housing Supply in Saint Wendel Township, MN

How many homes are available in Saint Wendel Township, MN?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
68+33.3%

Summary: The Saint Wendel Township real estate market had 8 homes for sale in August 2024, a 33.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 24
+100.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Saint Wendel Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Wendel Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Saint Wendel Township in August 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Saint Wendel Township, MN

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

Average Sale Time

Aug 2023Aug 2024CHANGE
25 Days24 Days-2.7%

Summary: Homes in Saint Wendel Township had an average of 24 days on market in Aug 2024, down by 2.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 3 homes were sold in Saint Wendel 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Saint Wendel Township, MN

Nearby Markets to Saint Wendel Township, MN

What housing markets are near Saint Wendel Township, MN?