$6,234 Closing Credit*
$525,000
1,710 SqFt
3 Beds
•1 Full Bath
Listing Office: Edina Realty, Inc.
Is Stillwater Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Stillwater Township has remained a Seller's Market.
Key Takeaway
Stillwater Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stillwater Township, MN
How much do homes in Stillwater Township, MN cost?
Median Sold Price
$494,102
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,968(+10.5%)
Key Takeaway
Homes in Stillwater Township have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Stillwater Township was $494,102 in November 2024, up 10.5% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $383K | $410K | +7.0% |
| 2 Bedrooms | $302.5K | $325K | +7.4% |
| 3 Bedrooms | $377.5K | $416.5K | +10.3% |
| 4 Bedrooms | $585K | $582.5K | -0.4% |
| 5+ Bedrooms | $777K | $763K | -1.8% |
Summary: Stillwater Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 1.8%.
Median Sold Price Compared To Nearby Cities
| Stillwater Township | $447.1K | $494.1K | +10.5% |
| Stillwater | $449.5K | $494.1K | +9.9% |
Housing Supply in Stillwater Township, MN
How many homes are available in Stillwater Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 160 | 155 | -3.1% |
Summary: The Stillwater Township real estate market had 155 homes for sale in November 2024, a 3.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 26 | 28 | +7.7% |
| 3 Bedrooms | 43 | 40 | -7.0% |
| 4 Bedrooms | 55 | 56 | +1.8% |
| 5+ Bedrooms | 33 | 28 | -15.2% |
Summary: The Stillwater 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 increased by 7.7%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 15.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 35 | -23.9% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stillwater Township, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Stillwater Township in November 2024, down by 23.9% month-over-month. Of the 35 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.
Days on Market for Stillwater Township, MN
How long does it take to sell a home in Stillwater Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 40 Days | -19.5% |
Summary: Homes in Stillwater Township had an average of 40 days on market in Nov 2024, down by 19.5% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stillwater Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in Stillwater Township; 60% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
