$715,000
Land
Listing Office: Edina Realty, Inc.
Is Sand Creek Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Sand Creek Township has remained a Seller's Market.
Key Takeaway
Sand Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sand Creek Township, MN
How much do homes in Sand Creek Township, MN cost?
Median Sold Price
$567,250
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$65,200(-10.3%)
Key Takeaway
Homes in Sand Creek Township have sold for 10.3% less than they did a year ago.
Summary: The median home sold price in Sand Creek Township was $567,250 in October 2024, down 10.3% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $325.5K | N/A |
| 4 Bedrooms | $675K | $610K | -9.6% |
| 5+ Bedrooms | $589.9K | $1.1M | +86.5% |
Summary: Sand Creek 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 did not change, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 86.5%.
Median Sold Price Compared To Nearby Cities
| Spring Lake Township | $727.5K | $766.6K | +5.4% |
| Jordan | $422.5K | $400K | -5.3% |
| Sand Creek Township | $632.4K | $567.2K | -10.3% |
Housing Supply in Sand Creek Township, MN
How many homes are available in Sand Creek Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The Sand Creek Township real estate market had 2 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sand Creek 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sand Creek Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Sand Creek Township in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Sand Creek Township, MN
How long does it take to sell a home in Sand Creek Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 12 Days | -42.9% |
Summary: Homes in Sand Creek Township had an average of 12 days on market in Oct 2024, down by 42.9% compared to last year.
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
Key Takeaway
Many homes in Sand Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Sand Creek 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.
