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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sauk Centre Township is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sauk Centre Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Sauk Centre Township, MN

How much do homes in Sauk Centre Township, MN cost?

Median Sold Price

$275,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+12.2%)

Key Takeaway

Homes in Sauk Centre Township have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Sauk Centre Township was $275,000 in November 2024, up 12.2% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $109.9K$217K
+97.5%
2 $157.9K$262.5K
+66.2%
3 $250K$257.5K
+3.0%
4 $252K$400K
+58.7%
5+ $404K$380K
-5.9%

Summary: Sauk Centre Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.5%, 2 bedroom homes increased by 66.2%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 58.7%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Cities

Sauk Centre Township
+12.2%
Sauk Centre
+12.2%
Melrose Township
+10.5%

Housing Supply in Sauk Centre Township, MN

How many homes are available in Sauk Centre Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3330-9.1%

Summary: The Sauk Centre Township real estate market had 30 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 118
-27.3%
3 1414
0.0%
4 44
0.0%
5+ 44
0.0%

Summary: The Sauk Centre Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 27.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
911+22.2%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sauk Centre Township, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Sauk Centre Township in November 2024, up by 22.2% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.

Days on Market for Sauk Centre Township, MN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
70 Days52 Days-24.5%

Summary: Homes in Sauk Centre Township had an average of 52 days on market in Nov 2024, down by 24.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Sauk Centre Township; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% 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 Sauk Centre Township, MN

Nearby Markets to Sauk Centre Township, MN