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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shieldsville Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Shieldsville Township was a Seller's Market.

Key Takeaway

Shieldsville Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Shieldsville Township, MN

How much do homes in Shieldsville Township, MN cost?

Median Sold Price

$533,700

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$21,300(-3.8%)

Key Takeaway

Homes in Shieldsville Township have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Shieldsville Township was $533,700 in November 2024, down 3.8% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $144.5K$385K
+166.4%
2 $221.5K$475K
+114.4%
3 $660K$554.9K
-15.9%
4 $612.4K$785K
+28.2%
5+ -$780K
N/A

Summary: Shieldsville Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 166.4%, 2 bedroom homes increased by 114.4%, 3 bedroom homes decreased by 15.9%, 4 bedroom homes increased by 28.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wells Township
+50.6%
Shieldsville Township
-3.8%

Housing Supply in Shieldsville Township, MN

How many homes are available in Shieldsville Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
97-22.2%

Summary: The Shieldsville Township real estate market had 7 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 33
0.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Shieldsville 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shieldsville Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Shieldsville Township in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Shieldsville Township, MN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days24 Days+23.1%

Summary: Homes in Shieldsville Township had an average of 24 days on market in Nov 2024, up by 23.1% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Shieldsville 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.

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

Report Updated 21 Days Ago

Newest Listings in Shieldsville Township, MN

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