$10,000 Closing Credit*
$1,170,000
3,796 SqFt
4 Beds
•2 Full Baths, 1 Partial
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 October 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
$496,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,000(+7.8%)
Key Takeaway
Homes in Stillwater Township have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Stillwater Township was $496,000 in October 2024, up 7.8% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $383K | $413.5K | +7.9% |
| 2 Bedrooms | $309.9K | $325K | +4.9% |
| 3 Bedrooms | $375K | $420.4K | +12.1% |
| 4 Bedrooms | $582K | $595K | +2.2% |
| 5+ Bedrooms | $777K | $763K | -1.8% |
Summary: Stillwater Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 1.8%.
Median Sold Price Compared To Nearby Cities
| Stillwater Township | $460K | $496K | +7.8% |
| Stillwater | $460.6K | $494.7K | +7.4% |
Housing Supply in Stillwater Township, MN
How many homes are available in Stillwater Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 168 | 164 | -2.4% |
Summary: The Stillwater Township real estate market had 164 homes for sale in October 2024, a 2.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 35 | 27 | -22.9% |
| 3 Bedrooms | 41 | 42 | +2.4% |
| 4 Bedrooms | 54 | 58 | +7.4% |
| 5+ Bedrooms | 35 | 34 | -2.9% |
Summary: The Stillwater Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 2.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 45 | -6.3% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
11 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. 57.8% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in Stillwater Township in October 2024, down by 6.3% month-over-month. Of the 45 sold homes, 58% were sold under asking, 18% were sold at asking, and 24% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 38 Days | +63.2% |
Summary: Homes in Stillwater Township had an average of 38 days on market in Oct 2024, up by 63.2% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 45 homes were sold in Stillwater Township; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
