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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Slayton Township is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Slayton Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Slayton Township, MN

How much do homes in Slayton Township, MN cost?

Median Sold Price

$155,000

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,050(+19.3%)

Key Takeaway

Homes in Slayton Township have sold for 19.3% more than they did a year ago.

Summary: The median home sold price in Slayton Township was $155,000 in November 2024, up 19.3% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $130K$80K
-38.5%
2 $100K$150K
+50.0%
3 $128.5K$176K
+37.0%
4 $165K$139K
-15.8%
5+ $310K$232.5K
-25.0%

Summary: Slayton Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.5%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 37%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 25%.

Median Sold Price Compared To Nearby Cities

Slayton Township
+19.3%
Slayton
+19.3%

Housing Supply in Slayton Township, MN

How many homes are available in Slayton Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2018-10.0%

Summary: The Slayton Township real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 22
0.0%
3 1311
-15.4%
4 43
-25.0%
5+ 01
+100.0%

Summary: The Slayton 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 remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Slayton Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Slayton Township in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Slayton Township, MN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
54 Days23 Days-55.9%

Summary: Homes in Slayton Township had an average of 23 days on market in Nov 2024, down by 55.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Slayton Township; 80% of homes were sold within 30 days, 20% 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 Slayton Township, MN

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