$4,097 Closing Credit*
$345,000
3,098 SqFt
3 Beds
•2 Full Baths
Listing Office: Turpen Realty, Inc.
Is Stanchfield Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Stanchfield Township has remained a Seller's Market.
Key Takeaway
Stanchfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stanchfield Township, MN
How much do homes in Stanchfield Township, MN cost?
Median Sold Price
$322,000
$212/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$68,250(-17.5%)
Key Takeaway
Homes in Stanchfield Township have sold for 17.5% less than they did a month ago.
Summary: The median home sold price in Stanchfield Township was $322,000 in November 2024, down 17.5% from last month, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | - | N/A |
| 2 Bedrooms | $446.2K | $317K | -29.0% |
| 3 Bedrooms | $363K | $415K | +14.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Stanchfield 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 decreased by 29%, 3 bedroom homes increased by 14.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Stanchfield | $419K | $379K | -9.5% |
| Stanchfield Township | $390.2K | $322K | -17.5% |
Housing Supply in Stanchfield Township, MN
How many homes are available in Stanchfield Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Stanchfield Township real estate market had 14 homes for sale in November 2024, a 17.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Stanchfield Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stanchfield Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Stanchfield Township in November 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Stanchfield Township, MN
How long does it take to sell a home in Stanchfield Township, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 95 Days | 36 Days | -62.0% |
Summary: Homes in Stanchfield Township had an average of 36 days on market in Nov 2024, down by 62% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Stanchfield Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Stanchfield Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
