$5,641 Closing Credit*
$475,000
2,432 SqFt
4 Beds
•1 Full Bath
Listing Office: Edina Realty, Inc.
Is Sunrise Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sunrise Township was a Seller's Market.
Key Takeaway
Sunrise 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 Sunrise Township, MN
How much do homes in Sunrise Township, MN cost?
Median Sold Price
$410,250
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$27,552(-6.3%)
Key Takeaway
Homes in Sunrise Township have sold for 6.3% less than they did a year ago.
Summary: The median home sold price in Sunrise Township was $410,250 in October 2024, down 6.3% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $393.5K | $497.4K | +26.4% |
| 3 Bedrooms | $456.9K | $408.6K | -10.6% |
| 4 Bedrooms | $418K | $440K | +5.3% |
| 5+ Bedrooms | - | $541K | N/A |
Summary: Sunrise Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.4%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Harris | $407.5K | $399.9K | -1.9% |
| Sunrise Township | $437.8K | $410.2K | -6.3% |
Housing Supply in Sunrise Township, MN
How many homes are available in Sunrise Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The Sunrise Township real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Sunrise 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunrise Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Sunrise Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Sunrise Township, MN
How long does it take to sell a home in Sunrise Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 102 Days | 16 Days | -84.3% |
Summary: Homes in Sunrise Township had an average of 16 days on market in Oct 2024, down by 84.3% compared to last year.
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 Sunrise Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Sunrise 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.
