$1,100,000
Land
Listing Office: Parcel Real Estate Inc.
Is Sauk Rapids Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Sauk Rapids Township has remained a Seller's Market.
Key Takeaway
Sauk Rapids Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sauk Rapids Township, MN
How much do homes in Sauk Rapids Township, MN cost?
Median Sold Price
$286,250
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,750(+1.3%)
Key Takeaway
Homes in Sauk Rapids Township have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Sauk Rapids Township was $286,250 in November 2024, up 1.3% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $105.9K | -26.9% |
| 2 Bedrooms | $205K | $264.5K | +29.0% |
| 3 Bedrooms | $277.4K | $281.8K | +1.6% |
| 4 Bedrooms | $300.5K | $299K | -0.5% |
| 5+ Bedrooms | $345K | $320K | -7.2% |
Summary: Sauk Rapids Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.9%, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 7.2%.
Median Sold Price Compared To Nearby Cities
| Saint Cloud | $234.9K | $241.5K | +2.8% |
| Sauk Rapids | $282.2K | $286.2K | +1.4% |
| Sauk Rapids Township | $282.5K | $286.2K | +1.3% |
| Sartell | $339.9K | $325K | -4.4% |
Housing Supply in Sauk Rapids Township, MN
How many homes are available in Sauk Rapids Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 45 | -16.7% |
Summary: The Sauk Rapids Township real estate market had 45 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Sauk Rapids 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 37.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sauk Rapids Township, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Sauk Rapids Township in November 2024, up by 6.3% month-over-month. Of the 17 sold homes, 53% were sold under asking, 24% were sold at asking, and 24% were sold over asking.
Days on Market for Sauk Rapids Township, MN
How long does it take to sell a home in Sauk Rapids Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 41 Days | +115.7% |
Summary: Homes in Sauk Rapids Township had an average of 41 days on market in Nov 2024, up by 115.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sauk Rapids Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Sauk Rapids Township; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
