$4,026 Closing Credit*
$339,000
1,568 SqFt
3 Beds
•2 Full Baths
Listing Office: Help U Buy Real Estate
Is Shingobee Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Shingobee Township was a Seller's Market.
Key Takeaway
Shingobee Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shingobee Township, MN
How much do homes in Shingobee Township, MN cost?
Median Sold Price
$437,500
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,500(-0.6%)
Key Takeaway
Homes in Shingobee Township have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Shingobee Township was $437,500 in October 2024, down 0.6% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $265K | $300K | +13.2% |
| 3 Bedrooms | $360K | $367.5K | +2.1% |
| 4 Bedrooms | $640K | $502.5K | -21.5% |
| 5+ Bedrooms | - | $535K | N/A |
Summary: Shingobee 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 increased by 13.2%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 21.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Shingobee Township | $440K | $437.5K | -0.6% |
| Walker | $369.5K | $365K | -1.2% |
Housing Supply in Shingobee Township, MN
How many homes are available in Shingobee Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Shingobee Township real estate market had 15 homes for sale in October 2024, a 6.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Shingobee Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shingobee Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Shingobee Township in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Shingobee Township, MN
We’re sorry, we don't have information for this market at the moment
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 Shingobee Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Shingobee 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.
