$9,439 Closing Credit*
$794,900
2,902 SqFt
3 Beds
•1 Full Bath
Listing Office: eXp Realty
Is Springvale Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Springvale Township was a Seller's Market.
Key Takeaway
Springvale 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 Springvale Township, MN
How much do homes in Springvale Township, MN cost?
Median Sold Price
$775,000
$168/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$436,010(+128.6%)
Key Takeaway
Homes in Springvale Township have sold for 128.6% more than they did a month ago.
Summary: The median home sold price in Springvale Township was $775,000 in November 2024, up 128.6% from last month, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $343.9K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $132.5K | - | N/A |
| 5+ Bedrooms | - | $775K | N/A |
Summary: Springvale Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Springvale Township | $338.9K | $775K | +128.6% |
| Wyanett Township | $429.5K | $710K | +65.3% |
Housing Supply in Springvale Township, MN
How many homes are available in Springvale Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The Springvale Township real estate market had 6 homes for sale in November 2024, a 33.3% 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Springvale 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 66.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 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 Springvale 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 Springvale Township in November 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 Springvale Township, MN
How long does it take to sell a home in Springvale Township, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 18 Days | -13.3% |
Summary: Homes in Springvale Township had an average of 18 days on market in Nov 2024, down by 13.3% compared to last month.
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 Springvale Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Springvale 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.
